Dogecoin Whales Go Silent, What's Going On?
Analysis
Price Impact
MedReduced whale activity signals a lack of strong directional conviction from large holders. the initial muted trading volume for newly launched doge etfs suggests institutional demand isn't immediately robust enough to drive a significant price surge, leading to fragile near-term price action.
Trustworthiness
HighBased on reported whale activity data by crypto analyst ali and specific initial trading volumes of newly launched spot doge etfs (grayscale's gdog) as reported by u.today.
Price Direction
NeutralWhale activity is at a two-month low, indicating less significant buying/selling pressure from major players. new spot etfs for doge have launched but with muted initial trading volume ($1.4m for gdog), failing to provide a strong immediate bullish catalyst against recent price declines and weak technicals. doge is currently trading in a range between $0.133 and $0.20, having fallen nearly 19% in the last 30 days.
Time Effect
ShortThe reported drop in whale activity is a recent observation over the past two months. the etf launches are current events, and their immediate impact (or lack thereof) is influencing short-term sentiment and price action.
Original Article:
Article Content:
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Dogecoin large holders, which refer to whales, have gone silent, sparking speculation as to what might be behind the seeming disappearance. Advertisement According to Ali, a crypto analyst, whale activity on the Dogecoin network has dropped to the lowest level in the past two months. The drop in whale activity follows a relatively quiet period in the crypto market, with the dramatic price swings that once drew in retail risk-takers softening. HOT Stories Morning Crypto Report: Vitalik Buterin Issues Zcash (ZEC) Warning, XRP Teases 69% Price Rise, $100,000 BTC Is Real in 2025: Bollinger Bands Banned GPUs Help North Korea Expand Crypto Heists How Low Will Bitcoin Price Drop in 2025? Crypto Market Prediction: Can Ethereum Surge Toward $3,500 as Momentum Rebuilds? XRP's Bullish Reversal Targets $2, Dogecoin (DOGE) Eyes Fresh Upside Push Whale activity on the Dogecoin $DOGE network has dropped to the lowest level in the past two months. pic.twitter.com/tcme4Fb3VT — Ali (@ali_charts) November 30, 2025 Dogecoin has been trading in a range between $0.133 and $0.20 since mid-October. The top of the range at $0.20 presents a key resistance, which might halt attempts at a breakout in the event of a Dogecoin price rebound. Immediate resistance lies at $0.156, which halted Dogecoin's five-day rise on Nov. 26. Advertisement Dogecoin has fallen nearly 19% in the last 30 days amid a broader crypto slide. Now changing hands just shy of $0.15, Dogecoin is more than 78% off its 2021 all-time high of $0.73. New ETF launch impact muted DOGE saw newly approved spot ETFs, as Grayscale’s GDOG began trading at the week's start and Bitwise DOGE product also launched this week under the 20-day 8(a) window, creating a rare bullish catalyst even as a drop in whale activity and weak technicals keep near-term price action fragile. Grayscale launched its DOGE ETF (GDOG) on the New York Stock Exchange, expanding institutional access to the dog coin. The debut follows ongoing ETF expansion across the crypto industry, including XRP and other altcoins. However, the ETF launch arrives at a crucial period when bullish sentiment in the market appears to be waning. In this light, Grayscale's Dogecoin Trust ETF (GDOG) saw a debut trading volume of $1.4 million, falling short of expectations. U.S. regulators are still assessing a 21Shares application for a non-leveraged Dogecoin ETF. #Dogecoin News #Dogecoin