Bitsky000

06/19 12:35

DOGE Under Pressure as Whales Offload 420 Million

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DOGE Under Pressure as Whales Offload 420 Million Tokens DOGE falls below $0.0850 as whale selling and weak demand increase pressure. Open interest drops 7%, with long liquidations heavily outweighing short positions. Analysts see mixed signals: short-term weakness, potential long-term recovery patterns. Dogecoin — DOGE, trades under $0.0850 after another rough session, extending losses into a fourth straight day. Momentum faded fast after buyers failed to defend $0.09 support. Traders now watch shifting flows across the crypto market as attention moves toward utility-driven assets. Whale selling pressure adds more weight after a massive token distribution hit the market. Derivatives data, liquidations, and weak demand paint a cautious picture for near-term direction across DOGE trading pairs overall market tone remains.

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