Recent data reveals a significant withdrawal of funds from DOGE spot exchanges. Investors have pulled over $120 million in the past two weeks, signaling a weakening trend and increasing selling pressure on the cryptocurrency. This outflow is significantly higher than the minimal inflows of less than $5 million, indicating investor hesitancy and lack of buying interest. 🕵️♀️ The absence of fresh investments further contributes to DOGE’s downward momentum. Analysts highlight that this pattern suggests waning confidence among investors. 📈 Although technical indicators suggest a slight rebound from recent lows, the overall situation remains concerning for the cryptocurrency’s future price stability.