DOGE Whales Sell Over 500 Million Coins, Signaling Potential Shift in Crypto Sentiment

Over 500 million Dogecoin (DOGE) were sold by large holders during the past week, raising questions about the future of the meme coin. This significant sell-off coincides with a decline in DOGE whale balances and follows several volatile weeks marked by price fluctuations between $0.19 and $0.26. Analysts point to this as a sign of reduced confidence among major investors who may be taking profits before further price declines.