Dogecoin Whales Sell 150M Coins Amid ETF Disappointment

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Dec 27 2025

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Whale Selling Spree: Over the past five days, Dogecoin whales have sold 150 million DOGE, contributing to a 20% price drop over the last month, indicating a significant decline in market confidence.
ETF Underperformance: Despite the recent launch of two ETFs tracking Dogecoin, the total net inflows of just over $2 million in the past month starkly contrast with the $1.1 billion attracted by XRP funds in the same period, reflecting a lack of market interest in Dogecoin.
Persistent Price Decline: Currently priced at $0.12, Dogecoin has seen a dramatic fall from its 2021 highs, with a 7% drop in the past week, highlighting its increasingly marginal position in the cryptocurrency market.
Shifting Market Sentiment: The lack of celebrity endorsements has led to a significant decline in Dogecoin's popularity, underscoring its vulnerability as a speculative asset and leaving its future recovery uncertain.

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Technical Analysis for DOGE

Technical Sentiment Analysis for Dogecoin (DOGE). As of , Dogecoin (DOGE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DOGE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, DOGE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Dogecoin (DOGE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0731	0.0815	0.0893	0.0978	0.106	0.114	0.122
Fibonacci	0.0815	0.0877	0.0916	0.0978	0.104	0.108	0.114

About DOGE

Dogecoin (DOGE) is based on the popular 'doge' Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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