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Dogecoin Tanks as Whales Exit with 1.3B DOGE—Will the Bleeding Stop?

  • DOGE plunged 22% after whales dumped over 1.3 billion tokens, compounded by global market uncertainty and weak retail sentiment.
  • Over 50% of DOGE holders remain in profit, providing a buffer, but the direction of DOGE remains uncertain with the recent whale moves and macro pressures.
  • On April 7 and 8, wallets holding over a billion DOGE each dumped a combined 1.32 billion tokens, triggering a 22% price fall.
  • Despite the price drop, 50.8% of DOGE holders are still in profit, giving some breathing room to DOGE.

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