Leading memecoin Dogecoin (CRYPTO: DOGE) has seen a massive outflow of funds in the spot market so far this month.

领先的Memecoin Dogecoin（Crypto：Doge）在本月迄今为止在现货市场上看到了大量资金。

Here's what the latest data from Coinglass shows and what it could mean for Dogecoin.

这是Coinglass的最新数据显示，这对Dogecoin可能意味着什么。

What Happened: According to the latest data from Coinglass, there has been a total of $120 in spot market outflows for April. In contrast, spot market inflows stand at less than $5 million so far this month.

发生了什么：根据Coinglass的最新数据，四月份的现货市场流出总额为120美元。相比之下，本月到目前为止，现货市场流入量不到500万美元。

The massive outflows confirm the increased selling pressure among leading market investors. Dogecoin (CRYPTO: DOGE) holders appear to be taking out their holdings from the spot market. As data from Coinglass shows, the sell-off has been recorded since the last quarter of the previous year and has only worsened in recent times.

大量流出证实了领先的市场投资者的销售压力增加。 Dogecoin（加密：Doge）持有者似乎正在从现货市场中拿出持股。正如Coinglass的数据所示，自上一年的最后一个季度以来，抛售已记录，并且最近才恶化。

Massive outflows often indicate a decline in the demand for assets, which is typically reflected in the increased rate at which assets are sold and the slower rate at which assets are bought. The ongoing trend signals a weakening of confidence among Dogecoin proponents —an alarming pattern for both small and large holders.

大量流出通常表明对资产的需求有所下降，这通常反映在出售资产的利率和购买资产的较慢速度的速度上。持续的趋势表明，狗狗币支持者的信心削弱了，这是小型和大型持有人的令人震惊的模式。

On the other hand, long-term investors appear unfazed by market volatility. According to recent data from crypto analytics firm Santiment, Dogecoin whales have bought more than 800 million DOGE over the last 48 hours.

另一方面，长期投资者似乎对市场波动不满意。根据Crypto Analytics公司的最新数据，在过去的48小时内，Dogecoin鲸鱼购买了超过8亿多名。

"Whales have been bullish on Dogecoin in recent days. The meme coin had a 6.57% monthly loss, the biggest among the top 8 cryptocurrencies by market capitalization," Santiment noted in a recent post.

萨蒂姆在最近的一篇帖子中指出：“最近几天，鲸鱼对狗狗币都是看好的。模因硬币每月损失6.57％，这是市值中最大的加密货币中最大的损失。”

The new development comes as the memecoin is currently down 4% over the last 24 hours and now trades at $0.15. The near-term outlook remains positive as increased demand could offset the current bearish momentum. A break above the $ 0.17 resistance level could validate an uptrend to $0.20. On the other hand, increased bearish pressure could push the asset to a previous year-to-date low of $0.12.

新开发项目是由于过去24小时内的成员目前下跌4％，现在的交易价格为0.15美元。由于需求增加可以抵消当前的看跌势头，因此近期前景仍然积极。高于0.17美元的电阻水平的中断可能会验证上升趋势为0.20美元。另一方面，看跌压力增加可能会将资产推向前一年低点0.12美元。