Dogecoin panic? 7,000,000,000 DOGE moved in just 1 month

Dogecoin sees 7 billion tokens moved in 30 days as whales shift and bullish signals suggest near-term price recovery.

Dogecoin (DOGE) has come under pressure after major wallet activity sparked a surge in interest in the token.

Analysts are monitoring both price and whale behavior as DOGE attempts to hold above a key support level after strong declines.

7 billion DOGE moved in 30 days

Between September 19 and November 23, on-chain data shared by Ali Martinez shows that wallets holding between 10 million and 100 million DOGE “sold or redistributed” nearly 7 billion coins. These wallets went from over 24 billion DOGE to around 17.17 billion in just one month. This period also saw the price of DOGE rise from $0.27 to $0.143.

This decline in holdings and prices occurred in parallel, suggesting that large capital outflows may have contributed to the downward momentum.

7 billion Dogecoins $DOGE sold or redistributed by whales over the past month! pic.twitter.com/IYojozfyRK

– Ali (@ali_charts) November 24, 2025

While some large holders were withdrawing coins, others were buying. Addresses holding between 100 million and 1 billion DOGE recently accumulated 4.72 billion tokens, valued at approximately $770 million. This behavior may reflect different strategies among large-scale holders.

Technical Setup Tips for Short-Term Bounce

Dogecoin has shown signs of recovery in the short term. On the 4-hour chart, analyst Trader Tardigrade pointed out that it has formed a bullish crossover on the MACD indicator. This move suggests growing momentum as the price heads towards a descending trendline.

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The trader also highlighted a breakout of the ascending triangle, a breakout of the RSI trendline, and oversold conditions in the RSI. They wrote that DOGE is “nearing the end of the downtrend“, but the price must break through resistance before confirming a change.

In addition to these signals, the TD Sequential indicator printed a new buy signal. This tool is designed to identify points of exhaustion in a trend. The last time this signal appeared, DOGE saw a rapid rally of over 100%, according to analysts tracking the pattern.

DOGE ETFs add to market direction

DOGE has gained attention following announcements of new exchange-traded products. Grayscale is preparing to launch the GDOG ETF, while Bitwise is reportedly planning a similar product under review. These developments have strengthened confidence in the short term.

At press time, DOGE was trading near $0.146 after rebounding from last week’s lows. Traders are monitoring the $0.1468 support area to see if the price can hold and initiate a move towards the next resistance levels.