DOGE Whales Quietly Dumped 280M Tokens While ETF Inflows Cooled: Is Rally Losing Its Real Buyers?

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Ahmed Barakat

Author

Ahmed Barakat

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Mar 2024

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Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

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Last updated: 

August 25, 2026

Whales are quietly stepping back right as retail gets excited again. Dogecoin (DOGE) has bounced 3.02% over the last 24 hours to $0.090, a level analysts have flagged as decisive. Can DOGE price push through, or does this stall into another leg down? The signals beneath the bounce suggest the answer might not be what the bulls want.

Spot Dogecoin ETFs pulled in a modest $146,020 inflow Monday, down sharply from the prior week’s $653,420. Institutional interest is present but cooling.

Whale behavior is even less encouraging. Wallets holding between 1 million and 100 million DOGE have shed a combined 280 million tokens since Friday. That is whales quietly de-risking into strength, not a vote of confidence after last week’s 34% rally.

Broader crypto sentiment remains choppy, with Bitcoin’s own price action still setting the tone for beta plays like DOGE. Macro liquidity conditions add another layer that traders should not ignore this week.

Dogecoin (DOGE)

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Can Dogecoin Price Hit $0.10 This Week?

The chart says bullish. The positioning data says caution.

DOGE at $0.090 sits above both its 50-day EMA near $0.076 and 100-day EMA near $0.081, a structurally bullish setup on paper. The reclaimed downtrend line near $0.070 now acts as support, with immediate protection sitting at the $0.088 horizontal level.

Momentum tells a different story. RSI reads near 77, deep overbought territory, while the long-to-short ratio sits at 0.93, close to a one-month low. Traders are positioning for a pullback even as the price holds up.

A clean break above $0.094, with sustained ETF inflows, could trigger a run toward $0.10 to $0.104. Consolidation between $0.088 and $0.094, as overbought conditions cool off, is the base case. A break below $0.088 exposes the 100-day EMA near $0.081, then $0.076.

Discover: The Best Token Presales

Maxi Doge Targets Early Mover Upside as Dogecoin Tests Key Levels

DOGE holders riding last week’s 34% rally have reason to feel good, but at a market cap in the billions, a repeat of that move gets harder every time.

Whale distribution and a sub-1 long-short ratio suggest the easy gains here may already be priced in. That’s pushing more traders toward earlier-stage plays where upside isn’t capped by nine-figure liquidity.

Maxi Doge (MAXI) is one of those plays, an Ethereum-based meme token built around gym-bro trading culture and “1000x leverage” energy, literally personified as a 240-lb canine mascot.

The presale has raised $4,848,993.00 so far, with tokens priced at $0.0002835 and dynamic APY staking live for holders. Standout features include holder-only trading competitions with leaderboard rewards and a Maxi Fund treasury earmarked for liquidity and partnerships.