Dogecoin Whales Go Into Hiding: 60-Day Slim Pickings and a Sugar Rush

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Well now, it seems our big buddy Dogecoin‘s fat whales have taken a sudden vacation-scaling back their playtime to a mere four transactions from a whopping thirty-eight. It’s like watching a herd of elephants tiptoe past a mouse hole, folks! Meanwhile, that mischievous meme coin tiptoes along the cliff’s edge, flirting with its support levels like a cowboy at a barn dance, all the while below its 200-day EMA-kind of like a dog chasing its tail, never quite catching it.

Dogecoin meme

Big Whales Ditched the Party

According to some fancy fellow named Ali Martinez, the whales-those grand big-shots with pockets deeper than the Mississippi-are laying low, probably napping or bored stiff. The activity’s dipped lower than a snake in a hole-going from a lively 38 big trades down to a dismal 4. No wonder the price’s been acting as jittery as a cat in a room full of rocking chairs. The short rally last summer? About as stable as a soap bubble in a windstorm.

Support Levels and Technical Shenanigans

Those high rollers are evidently less interested now, even as the price hints upward, like an optimistic kid on a sugar high. The technical chart folks say we’re testing support levels that have been previously tested-twice already this year, mind you. Below that 200-day EMA, like a dog in the mud, just refuses to lift its paw. The ol’ RSI indicator? Well, it’s singing a sad dirge of negativity, like a barnyard blues band, since summer’s rally went kerplunk.

$DOGE is going through the longest slow-roll since it was born-probably taking its sweet time, waiting for dogecoin season to kick in. When that happens, my friend, we’ll probably get an altcoin rush that makes a circus look dull. 🤡🐶

– Galaxy (@galaxyBTC) December 2, 2025

Created back in 2013 as a joke, Dogecoin’s proved to be a tough old bird, trading hands like a hot potato on social media and with the big fish holding most of the marbles. The recent whale activity? Well, it’s like Halloween candy-plenty once, but now, just a handful of candies left in the bowl. These giants of the crypto sea, who once made waves ten times bigger, now seem to be hibernating, perhaps waiting for the next big fish.

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2025-12-02 10:44