Dogecoin (DOGE) price saw a notable selloff over the weekend as large holders sold more than 170 million tokens in 24 hours.

Dogecoin（Doge）价格在周末出现了显着的抛售，因为大型持有人在24小时内售出了超过1.7亿个令牌。

The move saw the price slide from $0.24 to around $0.215. The large holder activity came amid a broader decline in meme coins, with Dogecoin falling nearly 10%.

此举使价格幻灯片从0.24美元降至0.215美元左右。大型持有人的活动是在模因硬币较大下降的情况下出现的，狗狗币下降了近10％。

Dogecoin Price Drops As Whales Dump 170M DOGE

Dogecoin价格下降，鲸鱼垃圾场170m Doge

Recent data from Santiment shows that large whale investors significantly reduced their DOGE price holdings.

来自Santiment的最新数据表明，大型鲸鱼投资者大大降低了他们的总督价格持有量。

According to the crypto analytics firm, addresses holding between 10 million to 100 million DOGE decreased their supply by about 170 million tokens in a single day.

根据加密分析公司的说法，在一天中，持有1000万至1亿个门槛的地址减少了约1.7亿个令牌。

This reduction lowered their total holdings from 23.91 billion to 23.74 billion DOGE. The heavy selling contributed to Dogecoin reaching a one-week low on May 17.

这种减少将他们的总持股量从239.1亿美元降低到237.4亿托马。大量销售导致5月17日的狗狗币达到一周的低点。

At the same time, trading volume for Dogecoin dropped by more than 34%, according to CoinMarketCap. The drop in volume indicates weakening demand amid the selloff.

根据CoinMarketCap的数据，同时，Dogecoin的交易量下降了34％以上。数量下降表明在抛售中需求削弱。

This combination of whale selling and low trading activity may put a cautious outlook on Dogecoin’s short-term price movements.

鲸鱼销售和较低的交易活动的结合可能会使多霉素的短期价格变动持谨慎态度。

Derivatives Data Flips Bearish as DOGE Traders Post $7M Loss

Doge Traders的衍生品数据翻转看跌，亏损了700万美元

The derivatives market for Dogecoin price also posted bearish trends. Data from Rekt reveals that long positions suffered $6.78 million in liquidations over the past 24 hours.

Dogecoin价格的衍生品市场也发布了看跌趋势。 REKT的数据表明，在过去的24小时内，长位置损失了678万美元的清算。

Short positions also sustained losses to a smaller extent, with $1.14 million wiped out. Total liquidations over the day amounted to nearly $7 million, primarily affecting leveraged long traders.

短职位也少于较小的损失，耗资114万美元。当天的总清算量达到近700万美元，主要影响杠杆的长交易者。

Open interest in Dogecoin futures decreased by 6.9%, settling at $2.58 billion. This drop, equating to over $290 million in closed contracts, suggests diminished trader confidence in a swift recovery.

Dogecoin期货的开放兴趣下降了6.9％，定居于25.8亿美元。这种下降相当于超过2.9亿美元的封闭合同，这表明交易者对快速恢复的信心减少了。

The overall long-to-short ratio stands at approximately 0.94, indicating slightly more short positions than longs market-wide.

总体长距离比率约为0.94，表明比市场范围内的较短位置略多。

However, experienced traders are still optimistic. Currently on Binance, long positions have a higher ratio than short positions, for a long-short ratio of 3.26.

但是，经验丰富的交易者仍然乐观。目前，长位置的比率高于短职位，长期比率为3.26。

Professional traders' data seems to signal that the price will recover soon. Still, the general bearish trend is offsetting the short-term bullish market trend.

专业交易者的数据似乎表明价格很快就会恢复。尽管如此，普遍的看跌趋势正在抵消短期看涨市场趋势。

Dogecoin Technical Analysis As $0.21 Support Holds

Dogecoin技术分析作为$ 0.21支持持有

Technically, Dogecoin’s price has been moving within a descending channel on the four-hour chart. It recently found support near $0.21 and bounced slightly but remains vulnerable. A breakdown below this support level could push prices down to $0.17, reversing recent gains made after Bitcoin’s rise above $100,000.

从技术上讲，Dogecoin的价格一直在四小时图表上的下降频道中移动。最近，它发现支撑接近0.21美元，并略微弹跳，但仍然脆弱。低于此支持水平的细分可能会将价格降至0.17美元，这颠倒了比特币上涨超过100,000美元后取得的收益。

After a previous decline, there is now a renewed positive sign as prepared by the CMF, reading +0.11. Increased sales may keep the price from falling. Only if dogecoin moves above $0.24 can the bearish trend be stopped.

在先前下降后，CMF准备的重新启动符号，读取+0.11。销售增加可能会阻止价格下跌。只有当Dogecoin的移动超过$ 0.24时，看跌趋势才能停止。

However, Dogecoin moved down to the lower band, a brief correction could happen soon, as seen by Bollinger Bands. Should the $0.21 mark hold strong, the price might rebound and try to reach the $0.23 resistance mark. Volume is now almost cut by half, so the price may not move much for the time being.

但是，Dogecoin搬到了较低的乐队，如Bollinger Bands所看到的那样，很快就会进行简短的更正。如果$ 0.21商标的强劲增长，价格可能会反弹，并试图达到0.23美元的电阻标记。现在的数量几乎减少了一半，因此暂时价格可能不会太多。

Liquidation Trends and Market Volatility

清算趋势和市场波动

Dogecoin price futures liquidations in the last month indicate the market is very volatile. During mid-May, forced liquidations as a result of price drops were at least $14 million within 12 hours. When the price reaches $0.25 to $0.30 and then sharply falls, leveraged long traders are often affected.

上个月，Dogecoin价格期货清算表明该市场非常波动。在5月中旬，由于价格下跌，强迫清算在12小时内至少为1400万美元。当价格达到0.25美元至0.30美元，然后大幅下降时，杠杆率的长交易者经常受到影响。

On the other hand, short liquidations occur when the price rallies unexpectedly. Spikes in short liquidations happened in late April and early May, reaching $7 million to $14 million during brief price recoveries. This pattern shows how leveraged positions on both sides face forced exits during volatile swings.

另一方面，当价格出乎意料地集会时，会出现短暂的清算。短暂清算中的峰值发生在4月下旬和5月初，在短暂的价格回收率中达到了700万至1400万美元。该模式显示了两侧的杠杆位置如何在挥发性波动过程中面对强迫出口。

Dogecoin’s price has gone from near $0.05 to around $0.30 in the last month. The higher the volatility, the greater the volume of liquidation. A quick drop results in extended liquidations, while a strong rise instigates quick liquidations. As a result of this pull between traders, the price of the token keeps fluctuating. At the time of writing DOGE was at $0.2241.

Dogecoin的价格已从上个月的$ 0.05到0.30美元左右。波动率越高，清算体积越大。快速下降会导致延长的清算，而强大的上升促进了快速清算。由于交易者之间的这种吸引力，令牌的价格不断波动。在写作时，总督为0.2241美元。