{"5b02a26f5628c42aa499c46b7e161f04":" Cover image via U.Today","33f20ebb41e43a5eaa74584ce560b489":"A few whales seem to be preparing for even more of a decline, and one in particular is making greater bids on the market's downside after a certain point in time. Whale 0x9eec9, a trader who allegedly made over $31.8 million on Hyperliquid, currently has $98 million in active short positions in a number of significant cryptocurrencies, including Dogecoin, Ethereum, XRP, PEPE and Aster.","2245f69202899eb2218934d7e53fe7a2":"Uncertainity behind Dogecoin","aba6cfe4e0d2d1a749c970b7729a89b2":"A $32 million DOGE short is the biggest of these, indicating either a strong belief or inside knowledge of something that is developing behind the scenes. The current DOGE chart presents a picture of uncertainty. The meme coin failed to regain crucial resistance around $0.22-$0.23 after a steep 25% recovery following the flash crash, finally stalling under the 200-day EMA once more. Volatility spiked after the technical rejection, suggesting that traders may be offloading at the peak of the recovery bounce.","66e135afe7ba5525d398e6bf24c17609":"DOGE could revert to $0.16, which was a crucial accumulation level prior to the July rally, if it is unable to hold support at $0.19. Another liquidity sweep, as retail traders try to buy the dip, is probably what the whale is betting on.","fbc973b2f5a34c26638cdb489c4cd3e4":"Dogecoin on-chain position","9b2e736885d7d1dc374b28722f8c95dd":"Whale 0x9263, another significant entity with $13.2 million in profit, has opened $84 million in short positions on Solana and Bitcoin, which heightens the intrigue. Combined, these positions are too well-coordinated to be disregarded, and they represent some of the biggest bearish allocations that are currently visible on the chain.","c033c1757c82cd7465c006591c953c77":"Smart money is not buying this bounce, regardless of whether this is a high-confidence short on overheated assets or a well-thought-out macro hedge. The massive position of the DOGE whale may serve as a warning sign that the correction\u2019s next phase is still ongoing.","06886c8cef4f837c6f085e05985624a4":" Read original article on U.Today"}