After March 10, 2025 ▪
4
min at reading ▪
When the colossal sum of the cryptus broke into the exchange as important as binance, the analysts raise the ear. Historically, this type of movement often precedes massive sale or well -entered strategy of accumulation. Recently, 360 million dogecoin (DOGE) or nearly $ 62.7 million was moved to Binance, so boiling traders. Is it a prelude to a large dump or a discreet maneuver of a large fish?
Pressure dogecoin: Simple adjustment or massive sale?
The market for the same free fall is not immune to emotional roller coaster. With a Dogecoin dropped below $ 0.20 For the first time since November 2024, the arrival of these millions raises questions. As reminds us of whale alerts:
” 360 000 000 #doge (62 668 178 USD) transferred from an unknown portfolio to binance ».
Deposit of such a size imminent dumping ?
Some investors are afraid of Increased sales pressurewhich could push Doga to the new lower. Trader Tardigrade warns:
” The #dogecoin daily candle ended in a subsequent break and achieved the lowest in the recent consolidation at the key support level. This is the lowest fence since November 2024. Another DOGE support level: $ 0.175 and $ 0.144 ».
If these thresholds are violated, the fall could intensify.
However, he sees other voices in this movement Strategy relocation rather than lower. After all, why disposal massively when dogecoin was for the lowest price for months? What if a jump appeared on the horizon?
Binance and crypto market in alert
In the world of digital assets, any large transaction can change the situation. Entry 360 million DOGE to Binance raises fundamental questions: it is A sign of panic or quiet accumulation ? Meanwhile, technical indicators remain mixed.
Several Numbers to remember ::
- DOGE dropped to $ 0.17, the lowest level from November 2024;
- Other key support is $ 0.175 and $ 0.144;
- According to Mastering Crypto, DOGE could reach $ 1.07 in $ 2025, or even $ 3 in 2030 in Ultra-Upholsters.
In this context, traders follow orders of laptops and volumes with magnifying glass. If the sale takes place, the crypto DOGE can unscrew more. On the other hand, if these chips are even reabsorbed by the market, it could announce a return.
Binance reserves are carefully examined by crypto analysts. When they fall heavily, some consider it to be the predecessors of the Bull Run. What if this shift of dogecoin has been a signal in the long term? The market is waiting for its judgment.
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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.