Mahdi π©ππ
@fotuhi
3372 Following
3737 Followers
1 reply
0 recast
0 reaction
2 replies
1 recast
3 reactions
0 reply
0 recast
0 reaction
12 replies
35 recasts
145 reactions
1 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
4 replies
16 recasts
96 reactions
8 replies
5 recasts
8 reactions
On-chain data shared by technical analyst Ali Martinez shows that dormant Dogecoin (DOGE) tokens have suddenly become active again, with 5.8 billion tokens transferred over the past 24 hours.
This notable reactivation coincides with a sharp increase in the Age Consumed metric, a metric that tracks the movement of coins that have been dormant for a long time.
Specifically, Martinezβs chart shows two important signals: a spike in Age Consumed, which shows that old DOGE holdings have been transferred, and a significant increase in daily circulating volume, which reflects strong token movement. Previously, DOGEβs daily circulating volume was hovering around 1.67 billion tokens, but suddenly spiked to 5.8 billion tokens.
The sudden movement of billions of DOGE could indicate that large investors (whales) are taking profits, restructuring their portfolios, or preparing for upcoming market developments.
@ebidelii @mheydari @zrad @toktam @zraad @majidrpk @ciniz 3 replies
5 recasts
5 reactions
1 reply
0 recast
0 reaction
4 replies
4 recasts
4 reactions
4 replies
3 recasts
7 reactions
0 reply
0 recast
1 reaction
0 reply
0 recast
2 reactions
6 replies
5 recasts
8 reactions
10 replies
25 recasts
53 reactions
1 reply
0 recast
0 reaction
8 replies
5 recasts
38 reactions
1 reply
0 recast
0 reaction
2 replies
1 recast
30 reactions