{"id":45871,"date":"2025-09-05T07:32:37","date_gmt":"2025-09-05T07:32:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45871"},"modified":"2025-09-05T07:32:37","modified_gmt":"2025-09-05T07:32:37","slug":"whale-panic-200000000-doge-and-50000000-ada-sold-in-48-hours","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45871","title":{"rendered":"Whale Panic? 200,000,000 DOGE and 50,000,000 ADA Sold in 48 Hours"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Dogecoin whales dumped 200 million tokens while the price hovers at $0.21, raising pressure.<\/li>\n<li>DOGE forms lower highs as whales exit\u2014$0.19 support could be tested if the trend continues.<\/li>\n<li>ADA whales sold 50 million coins, hinting at a correction after steady August gains.<\/li>\n<li>Cardano\u2019s price nears $0.80 support in a wedge, with potential breakout targets $0.90\u2013$0.92 range.<\/li>\n<\/ul>\n<h2>DOGE Whales Sell Off $200M Tokens as Price Holds Steady<\/h2>\n<p>Over the past 48 hours, large Dogecoin wallets holding between 10 million and 100 million DOGE reduced their balances by a combined 200 million tokens. The move was flagged by analyst Ali Martinez, who shared recent on-chain activity showing a drop in whale holdings.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Whales sold 200 million Dogeoin <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$DOGE<\/a> in the last 48 hours! <a href=\"https:\/\/t.co\/LB1LEXzINZ\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/LB1LEXzINZ<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1963708900341133813?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">September 4, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>DOGE was trading at $0.21 at press time. The asset has slipped almost 1% in the past day and 4% over the last week, according to Coingecko data. Despite the size of the sell-off, price action has remained stable for now, though the trend points to rising pressure.<\/p>\n<p>Interestingly, this isn\u2019t the first sign of outflows from major holders. In late July and early August, whale wallets started reducing exposure while the price stayed range-bound. This kind of pattern often comes ahead of a broader move down, as larger players exit quietly before momentum shifts.<\/p>\n<p>Recent chart data shows a clear series of lower highs. Combined with falling whale balances, the setup suggests that a move toward $0.19 could be possible if selling continues. Support sits just above $0.215, with key resistance levels around $0.222 and $0.224.<\/p>\n<p>On the technical side, trader Tardigrade <a href=\"https:\/\/cryptopotato.com\/dogecoin-doge-enters-weak-downtrend-key-ichimoku-signal-flashes\/\" data-wpel-link=\"internal\">noted<\/a> that the daily Ichimoku chart flashed a weak bearish cross above the Kumo cloud on August 31. The asset remains inside the cloud, which usually signals indecision or consolidation. No confirmed breakout or breakdown has followed yet.<\/p>\n<p>Meanwhile, Bloomberg\u2019s Eric Balchunas <a href=\"https:\/\/x.com\/Crypto_Potato\/status\/1963823709396845033\" data-wpel-link=\"external\" target=\"_blank\">said<\/a> Rex may be preparing to launch a Dogecoin ETF under the 40 Act. If approved, it could become the first listed ETF tied to DOGE, ahead of other filings involving TRUMP, XRP, and BONK.<\/p>\n<h2>ADA Whale Wallets Reduce Holdings by 50 Million<\/h2>\n<p>In the same timeframe, Cardano saw 50 million ADA sold by wallets holding between 1 million and 10 million tokens. This drop was also shared by Martinez and matches a visible decline in whale holdings on tracking platforms.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">50 million Cardano <a href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$ADA<\/a> sold by whales in 48 hours! <a href=\"https:\/\/t.co\/rZb8g67pLu\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/rZb8g67pLu<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1963819881310441891?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">September 5, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>ADA was trading at $0.82 at the time of writing, slightly down on the day and 4% over seven days. Despite the outflow, the price has remained above $0.81, showing that current market activity is <a href=\"https:\/\/cryptopotato.com\/cardano-price-signal-says-its-time-to-accumulate-ada\/\" data-wpel-link=\"internal\">absorbing<\/a> the sell-off for now.<\/p>\n<p>Notably, throughout August, ADA had been climbing steadily. That trend has now slowed, and the recent reduction in whale holdings may be a sign that short-term traders are locking in profits. It also coincides with a pattern forming on the charts.<\/p>\n<p>Cardano is now trading inside a descending wedge. The asset recently touched the lower edge near $0.80 and is testing resistance near $0.835.<\/p>\n<blockquote>\n<p>\u201cCardano could see another dip to $0.80 before attempting a bullish breakout,\u201d said Ali in a recent post.<\/p>\n<\/blockquote>\n<p>A move past resistance with strong volume could open the door to $0.90 and above. Until then, the price may remain between $0.80 and $0.85.<\/p>\n<p>Separately, Grayscale\u2019s ADA ETF filing with the SEC remains in review, with a decision deadline set for October 26. As <a href=\"https:\/\/cryptopotato.com\/cardano-ada-news-today-september-4th\/\" data-wpel-link=\"internal\">reported<\/a> by <em>CryptoPotato<\/em>, the initial filing was made in February and could make Cardano one of the first assets beyond Bitcoin and Ethereum to get an ETF.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/whale-panic-200000000-doge-and-50000000-ada-sold-in-48-hours\/\">Whale Panic? 200,000,000 DOGE and 50,000,000 ADA Sold in 48 Hours<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Dogecoin whales dumped 200 million tokens while the price hovers at $0.21, raising pressure. DOGE forms lower highs as whales exit\u2014$0.19 support could be tested if the trend continues. ADA whales sold 50 million coins, hinting at a correction after steady August gains. Cardano\u2019s price nears $0.80 support in a wedge, with potential breakout [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":1,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-45871","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\/45871","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=45871"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45871\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}