Dogecoin (DOGE) Market Data Signals Supply Shift Amid 1,120% Spot Flow Drop

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. Dogecoin has seen its spot flow drop by 1,120.38% in the last 24 hours, according to CoinGlass data , even as the broader crypto market fell early Thursday. Advertisement Digital assets fell on Wednesday as the crypto market reeled from an overnight sell-off. The declines come alongside a sharp drop in U.S. equities and precious metals, with Nasdaq 100 futures trading down. Across the broader crypto market, crypto positions worth $253 million were liquidated, with longs liquidation accounting for the majority at $203 million, while shorts came in at $50 million. HOT Stories XRP Max Pain Triggered Ahead of Friday ETF Deadline, Billions of Shiba Inu (SHIB) Vanish From Centralized Platforms, Tether CEO Reacts to Special Binance Listing of Tether Gold: Morning Crypto Report Schiff Claims Banking Lobby Crushed Crypto Dogecoin spot outflows surpassed its spot inflows in the last 24 hours even while the crypto market traded down. Spot inflows for the dog coin came to $83.26 million in the last 24 hours, while outflow arrived at $97.17 million. This amounted to a negative netflow of $13.92 million, representing a negative spot flow increase of 1,120.38%. Advertisement The drop in spot flows remains significant, as it might indicate Dogecoin leaving spot exchanges, a signal of demand. You Might Also Like Tue, 03/24/2026 - 14:16 Dogecoin Bear Trap? DOGE Price Jumps 6% Despite Short-Term Death Cross By Tomiwabold Olajide Despite this, market sentiment remains one of caution, with most cryptocurrencies, including Dogecoin, remaining in a price range that has continued since early February despite multiple attempts to break out to the upside. Advertisement The crypto fear and greed index remains in the fear zone as the options market continues to reflect defensive positioning. Dogecoin price Dogecoin fell after a three-day rise from March 23 to March 25 after an unsuccessful attempt by buyers to push Dogecoin the price past $0.97. You Might Also Like Sun, 03/22/2026 - 15:16 Dogecoin (DOGE) Shows Extremely Bullish Long-Short Ratio: 3.29, 2.4626 By Arman Shirinyan Dogecoin rose to $0.9793 on March 25, but bulls could not push beyond here, with the price retreating below the daily MA 50  (currently at $0.095) that had capped Dogecoin's price since January. With the Dogecoin price turning sharply from the daily MA 50, the chances of a drop below $0.09 level have increased. The next major support now lies at $0.06, although there is immediate support in the $0.08 range. On the other hand, if Dogecoin sees a sustained breakout above the daily MA 50, it will target $0.10 and then $0.12, which will pose resistance for its price. #Dogecoin News #Dogecoin