100,000,000 Dog Coin (DOGE) attacks the world’s largest crypto exchange

100 million Doge coins worth around $25.4 million have landed in two directions in the world’s largest exchange. Not the usual pattern – most large transactions have been withdrawn recently. But is this? This is a deposit. Data from the whale alert confirmed it and now everyone who saw it wonders: what is the play here?

Usually, when a large amount of crypto is moved to exchange, it means that a large person is about to sell it. Opposite – pulling the code away from exchange – tends to mean that they hold it.

So, what’s going on now? Do you wear a dump? Or is this just a small whale shift fund?

Doge Price is a hit

The timing isn’t very good. The beloved meme cryptocurrency has been feeling heated recently, falling below $0.30 for the first time since November 2024. Then, just after this massive move, another 0.8% slipped.

Is it just a bad luck? perhaps. But such movements tend to shake things up – especially as more than 48,000 people have seen reports from whale alerts.

The psychology of numbers plays a role here because round things are important. Traders get nervous when prices rise at important levels. That’s where Doge is now – on that line where people start making big decisions and sometimes pushing prices even further.

So, what’s it now? Is this a sign that Doge is about to fall sharply, or is it just an out-of-contest transfer? It’s difficult to say. Some view this as a warning, others view it as an opportunity to buy dip. Either way, the speculations around Dogecoin have become much more interesting.