Dogecoin Whale Activity Drops to Two-Month Lows, Sparking Exit Worries

Whale Activity Decline: Dogecoin whale transactions have dropped to a two-month low, with only 4 high-value transactions in a day, indicating a significant decrease in large-holder participation.

Market Uncertainty: The lack of whale activity raises concerns about the stability of Dogecoin's price support around $0.15 and the potential for long-term bullish trends.

Retail Trader Influence: The recent 11% rebound in Dogecoin's price has been primarily driven by retail traders, highlighting the fragility of the market in the absence of whale support.

Volatility Risks: With fewer large transactions, the potential for price volatility increases, as historical data shows that whale participation has previously influenced significant price swings.