On-chain data shows that the Dogecoin whales have gone on a huge accumulation spree during the past week, a sign that can be bullish for DOGE.

链上的数据表明，在过去的一周中，狗狗鲸的积累大量狂潮，这一标志可以看涨。

Dogecoin Whales Have Expanded Their Holdings In Past Week

多霉素鲸在过去一周中扩大了股份

In a new post on X, analyst Ali Martinez has discussed about the latest trend in the Dogecoin (DOGE) supply held by some key investors. The indicator of relevance here is the “Supply Distribution” from the on-chain analytics firm Santiment, which tells us about the total number of coins that the investors of a particular wallet group are holding right now.

在X上的新帖子中，分析师Ali Martinez讨论了一些主要投资者持有的Dogecoin（Doge）供应的最新趋势。相关性的指标是链上分析公司Santiment的“供应分配”，该公司告诉我们特定钱包集团的投资者目前正在持有的硬币总数。

Holders or addresses are divided into these cohorts based on the number of coins that they are carrying in their balance. The 1 to 10 coins group, for instance, includes all investors who own between 1 and 10 tokens of the memecoin.

持有人或地址根据他们在平衡中携带的硬币数量分为这些人群。例如，1至10个硬币组包括所有拥有1到10个代币的投资者。

In the context of the current topic, the cohort of interest is the 1 million to 10 million coins one. At the current exchange rate, the lower bound of the range converts to $180,000 and the upper one to $1.8 million.

在当前主题的背景下，感兴趣的队列是100万至1000万个硬币。以当前的汇率，该范围的下限转换为180,000美元，上限转换为180万美元。

While this group certainly doesn't cover the largest of the addresses on the network, it still includes whales that could be considered key for the cryptocurrency. As such, the behavior of this cohort can be worth keeping an eye on.

尽管该集团当然不能涵盖网络上最大的地址，但它仍然包括可以被视为加密货币关键的鲸鱼。因此，该队列的行为值得关注。

Here is the chart shared by the analyst that shows how the supply held by this Dogecoin investor group has changed during the last couple of months:

这是分析师共享的图表，该图表显示了该Dogecoin投资者集团在过去几个月中的供应情况如何变化：

As displayed in the above graph, the Dogecoin Supply Distribution of the 1 million to 10 million coins group observed a drop around a week or so back, implying these large investors took part in some selling.

如上图所示，100万到1000万个硬币集团的狗狗供应分布观察到大约一周左右的下降，这意味着这些大型投资者参加了一些销售。

This selling coincided with the recovery rally in DOGE's price, so it would seem that the motive behind it may have been profit-taking. In the past few days, though, as the memecoin's surge has stalled, these investors have reversed their trajectory and loaded up their wallets again.

这种销售与Doge的价格相吻合，因此，它背后的动机似乎是赚钱的。但是，在过去的几天中，随着Memecoin的激增停滞，这些投资者扭转了轨迹并再次装满了钱包。

In total, these Dogecoin whales have purchased about 100 million coins ($18 million) over the past week. Following this shopping spree, the supply held by this cohort has already surpassed the level from before the earlier selloff.

在过去的一周中，这些狗狗鲸总共购买了约1亿个硬币（1800万美元）。在这次购物狂潮之后，此队列的供应已经超过了早期抛售之前的水平。

The accumulation from the large holders can be a bullish sign for DOGE's price. The Supply Distribution of the group can be to monitor in the coming days, however, as sometimes it doesn't take much for sentiment to flip in the sector. In the scenario that the indicator reverses its trend again, the memecoin could face a bearish outcome instead.

大型持有人的积累可能是总督价格的看涨信号。该组的供应分布可能是在未来几天内监视，因为有时候，在该行业中翻转的情绪并不需要太多。在指标再次逆转其趋势的情况下，Memecoin可能会面临看跌的结果。

DOGE Price

大门价格

Dogecoin declined under the $0.167 mark yesterday, but it appears the coin has quickly bounced back up as its price is now trading around $0.180.

Dogecoin昨天下跌了0.167美元，但由于其价格现在的价格约为0.180美元，因此硬币似乎很快就反弹了。