Dogecoin Plummets as Whales Dump 1.32 Billion DOGE in 48 Hours

Dogecoin (DOGE) is experiencing significant selling pressure, driven by global tensions and macroeconomic uncertainty. On Monday, DOGE hit a local low of around $0.129, confirming a downtrend. Data from Santiment reveals that Dogecoin whales have sold over 1.32 billion DOGE in the past 48 hours, signaling a risk-off sentiment. Dogecoin has lost over 70% of its value since December. Analyst Ali Martinez noted that this whale behavior is likely driven by panic amid expectations of a prolonged bear market. Escalating global tensions, including aggressive tariffs, are accelerating the selloff.