{"id":44464,"date":"2025-08-27T23:01:34","date_gmt":"2025-08-27T23:01:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=44464"},"modified":"2025-08-27T23:01:34","modified_gmt":"2025-08-27T23:01:34","slug":"is-dogecoin-on-discount-whales-go-to-market-with-32-9-million-doge-withdrawal-from-binance","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=44464","title":{"rendered":"Is Dogecoin On Discount? Whales Go To Market With 32.9 Million DOGE Withdrawal From Binance"},"content":{"rendered":"
\n

Dogecoin (DOGE) is back in focus as whale activity ramps up<\/a> despite the latest market correction. New on-chain data reveals that millions of DOGE are being transferred from Binance<\/a> to private wallets, suggesting that major holders may view the current pullback as a prime entry point. With prices sliding from recent highs, whales also appear to be seizing the opportunity to accumulate tokens at a discount.\u00a0<\/p>\n

Whales Move Millions Of Dogecoin From Binance\u00a0<\/h2>\n

On-chain data from multi-chain AI analytics platform Nansen has sparked renewed interest in Dogecoin after a major transaction was spotted on the blockchain. According to the platform, a newly created wallet withdrew<\/a> 32.9 million DOGE, worth approximately $6.96 million, from Binance on August 26.\u00a0<\/p>\n

Notably, large withdrawals of this kind are often associated with accumulation trends<\/a>, particularly when directed toward self-custody wallets rather than exchanges. Commenting on the transfer, a crypto community member noted<\/a> that new wallet activity of this scale usually signals a player gearing up for big moves. As a result, he urged market participants to monitor the wallet address closely.\u00a0<\/p>\n

\"Dogecoin\"<\/p>\n

Not long after the first large-scale transfer, another whale made a similar move, withdrawing<\/a> 20 million DOGE valued at $4.43 million. Nansen reveals that in total, the whale now holds an impressive 52.9 million DOGE, which amounts to roughly $11.71 million at current market prices.\u00a0<\/p>\n

The rapid succession of these whale transfers<\/a> suggests a growing confidence among large holders. Historically, sizeable withdrawals from exchanges have been associated with bullish sentiment, as they often suggest that investors prefer holding assets long-term rather than keeping them on platforms where they could be quickly liquidated.\u00a0<\/p>\n

The timing of the withdrawals is also particularly interesting given Dogecoin\u2019s prolonged decline<\/a>, which may be encouraging deep-pocketed investors to buy tokens at much lower prices<\/a>.\u00a0<\/p>\n

DOGE Whale Accumulation Grows Amid Price Correction<\/h2>\n

While whales initiate withdrawals from exchanges<\/a>, on-chain metrics reveal a broader pattern of Dogecoin accumulation among large holders during the recent market downturn<\/a>. According to data from Santiment, the 50-day average of large DOGE transfers, valued at $100,000 or higher, surged<\/a> significantly in August, marking the highest level in five months.\u00a0<\/p>\n

Alongside the rise in high-value transactions, Dogecoin\u2019s daily active addresses<\/a> have also increased significantly, marking their highest surge this month, around August 13. This suggests that not only are whales increasing their stakes, but network activity is showing renewed strength.\u00a0<\/p>\n

Notably, the accumulation comes in the wake of a 16% price drop for Dogecoin from $0.245 on August 24. Following the correction<\/a>, the meme coin has staged a mild recovery of 4.69% over the past 24 hours and is currently trading at $0.219. CoinMarketCap data also shows that despite a monthly decline of over 10%, Dogecoin has managed a weekly gain of about 3.2%. However, not all indicators are bullish. Daily trading volume has declined<\/a> sharply, down 36.15% as of writing, and presently sitting at $2.1 billion.<\/p>\n

\"Dogecoin\"<\/div>\n","protected":false},"excerpt":{"rendered":"

Dogecoin (DOGE) is back in focus as whale activity ramps up despite the latest market correction. New on-chain data reveals that millions of DOGE are being transferred from Binance to private wallets, suggesting that major holders may view the current pullback as a prime entry point. With prices sliding from recent highs, whales also appear […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-44464","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44464"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44464\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}