How Does On-Chain Data Reveal DOGE Whale Behavior in 2025?

Active addresses decrease by 15% as whales sell over 1 billion DOGE

Recent blockchain data has revealed a significant decrease in DOGE active addresses, falling by approximately 15% in the past week. This decline coincides with major wallet holders (whales) selling over 1 billion DOGE tokens during the same period. The massive sell-off has created considerable downward pressure on Dogecoin's price, which dropped below the critical psychological threshold of $0.18.

The price movement and whale activity can be summarized in the following data:

The wallets holding between 10 million and 100 million DOGE have significantly reduced their balances, now controlling approximately 15% of the asset's circulating supply. This dramatic reduction in holdings by major investors has wiped approximately $5 billion from Dogecoin's market capitalization. Trading volume surged to $3.81 billion as DOGE fell from $0.1843 to $0.1697, indicating heightened market activity during this bearish movement. Technical analysis suggests further downside potential, with support levels at $0.16 and $0.145 now critical for preventing additional price deterioration.

Transaction volume spikes 62% to $2 billion amid price volatility

Dogecoin has experienced a dramatic surge in trading activity, with volume climbing by 62% to exceed $2 billion. This significant increase comes amid substantial market volatility, highlighting renewed interest in the popular meme cryptocurrency. The spike coincides with major whale movements, as large holders have sold approximately 500 million DOGE tokens over the past week, equivalent to roughly $100 million.

Market analysts remain divided on whether this volume surge signals bullish momentum or potential bearish pressure. The contradictory signals can be observed in recent price and volume data:

The spike in trading volume has occurred simultaneously with Dogecoin's price consolidation near critical support levels following a recent breakdown. The price has fallen approximately 37.45% over the past month, dropping from above $0.26 to current levels around $0.16.

This pattern of increased volume amid price declines often indicates distribution phases where larger holders transfer assets to retail traders. The reactivation of dormant wallet addresses during this period further suggests significant market repositioning is underway as DOGE approaches key technical levels that will determine its next major move.

Large holders distribute 440 million DOGE in 72 hours, signaling bearish sentiment

In a dramatic market development, large Dogecoin holders offloaded a staggering 440 million DOGE within just 72 hours, sending bearish signals throughout the cryptocurrency ecosystem. Crypto analyst Ali Martinez identified this as one of the steepest whale distribution phases in recent months, with wallets holding between 10-100 million DOGE rapidly reducing their positions.

The impact on Dogecoin's price was immediate and pronounced. During this massive sell-off period, DOGE's price fell from approximately $0.23 to $0.189, breaking below the critical $0.20 psychological support level. Technical analysis from Trader Tardigrade confirmed a breakdown from a symmetrical triangle pattern on daily timeframes.

This sell-off coincides with other bearish indicators including a death cross formation in late 2025. The on-chain data reveals a tight correlation between whale holdings and DOGE's price throughout this period. The substantial reduction in the percentage of total supply held by these large investors, dropping from 15.51% to lower levels, further validates the bearish market sentiment currently surrounding Dogecoin.

FAQ

Is DOGE going to hit $1?

DOGE could potentially hit $1 by 2025. Current market trends and increasing adoption suggest this milestone is possible, though it depends on continued growth in trading volume and wider acceptance.

How much is $500 worth of Dogecoin right now?

As of November 2025, $500 is worth approximately 2,521 Dogecoin. This amount may fluctuate based on market conditions.

What will DOGE be worth in 5 years?

DOGE could potentially reach $0.50 to $1 in 5 years, driven by increased adoption and market growth. However, cryptocurrency prices are highly volatile and unpredictable.

Is DOGE still a good coin?

Yes, DOGE remains a strong coin in 2025. Its popularity and market presence continue to grow, with increasing adoption and potential for further price appreciation.