強烈拋售後，多黴素鯨魚累積了5.6億美元的杜格

在過去的一周中，Dogecoin（$ DOGE）市場看到了大型持有人或鯨魚的轉變，他們似乎有興趣累積模因硬幣。

Over the past week, Dogecoin ($DOGE) saw a shift in large holders, or whales, who seemed to be interested in accumulating the meme coin. These accounts took in a staggering 560 million Dogecoins, just shy of $40 million.

在過去的一周中，Dogecoin（$ DOGE）看到大型持有人或鯨魚的轉變，他們似乎對積累模因硬幣感興趣。這些帳戶造成了驚人的5.6億狗狗，僅少於4000萬美元。

This buying frenzy came on the heels of a pretty intense sell-off in $DOGE, and it’s definitely something we want to keep our eyes on. The question is, of course, why are they doing this? And could we see a kind of “reclaimed interest” in $DOGE? Or is this just a set-up for a local top?

這種購買瘋狂的是在$ doge中非常強烈的拋售之後，這絕對是我們要關注的事情。問題當然是他們為什麼這樣做？我們可以看到$ DOGE中的一種“回收利息”？還是這只是本地頂部的設置？

Whales have accumulated 560 million #Dogecoin $DOGE in the past week following an intense sell-off, signaling renewed interest from large holders! pic.twitter.com/ObAVfqC9xi

鯨魚在過去一周內累積了5.6億美元的#dogecoin $ Doge，此前一周內強烈拋售，這表明了大型持有人的新利息！ pic.twitter.com/obavfqc9xi

— Ali (@ali_charts) January 31, 2025

- Ali（@ali_charts）2025年1月31日

Potential Market Shift for Dogecoin

Dogecoin的潛在市場轉變

Big investors, commonly known as whales, influence the price movements of cryptocurrencies. For Dogecoin, the recent accumulation of over half a billion DOGE coins into whale wallets might indicate that these investors are bracing for a possible price rally. But this is not a certain outcome. We could also interpret it to mean that, having just sold off a significant portion of their holdings, Dogecoin’s whales are taking the opportunity to buy back into the market at lower prices, perhaps figuring that the price trend is stabilizing after having been in freefall.

大投資者（通常稱為鯨魚）會影響加密貨幣的價格變動。對於Dogecoin而言，最近在鯨魚錢包中積累了超過50億多名硬幣硬幣可能表明這些投資者正在支撐可能的價格集會。但這不是一定的結果。我們還可以將其解釋為意味著，剛賣出了很大一部分股份，Dogecoin的鯨魚正在藉此機會以較低的價格回購市場，也許認為價格趨勢在自由落體後正在穩定。

Even with this outcome being a positive one, there are still some warning signs for investors in Dogecoin. The price of Dogecoin, much like other cryptocurrencies, could really take a hit if the broader market takes a turn for the worse. Analysts have expressed worry over what could happen if DOGE breaks below its $0.31 support level; a move like that could very well trigger a correction that would push the price down toward $0.20 and would have all the markings of a “whales taking profits and re-positioning” kind of dip, which in Dogecoin’s case could set off a temporary bearish trend.

即使這一結果是積極的結果，對於Dogecoin的投資者仍有一些警告信號。與其他加密貨幣一樣，Dogecoin的價格確實會受到打擊，如果更廣泛的市場變得更糟。分析師對如果Doge突破其0.31美元的支持水平，可能會發生什麼；這樣的舉動很可能會觸發更正，該更正將使價格降低到0.20美元，並具有“捕鯨利潤和重新定位”的所有標記，在Dogecoin的情況下，這可能會引發臨時的看跌趨勢。

Is #Dogecoin following $PEPE? If so, a breakdown below $0.31 could trigger a correction toward $0.20 for $DOGE! pic.twitter.com/fuKfgUwPNI

#dogecoin是$ pepe嗎？如果是這樣，則低於$ 0.31的故障可能會觸發$ 0.20 $ DOGE的更正！ pic.twitter.com/fukfguwpni

— Ali (@ali_charts) February 1, 2025

- Ali（@ali_charts）2025年2月1日

Grayscale’s Move to Offer Dogecoin Exposure

灰度的舉動提供狗狗幣的舉動

Besides the endeavors of large investors, another significant development could direct more institutional focus toward Dogecoin. Grayscale Investments, the world’s largest crypto asset manager, has just launched the Grayscale Dogecoin Trust. This move gives high-net-worth individuals and institutional investors a straightforward way to gain exposure to $DOGE, the native coin of the Dogecoin network. The trust is now open for daily subscription. This means eligible investors can now buy into the trust and indirectly hold Dogecoin. And do you know what they don’t have to do to hold it? That’s right. They don’t have to buy it directly on exchanges.

除了大型投資者的努力外，另一個重大的發展還可以將更多的機構集中在Dogecoin上。全球最大的加密資產經理Grayscale Investments剛剛啟動了Grayscale Dogecoin Trust。這一舉動使高淨值個人和機構投資者一種直接的方式，可以使Dogecoin Network的本地硬幣接觸$ DOGE。該信託現已開放供日常訂閱。這意味著符合條件的投資者現在可以購買信託基金並間接持有Dogecoin。而且您知道他們不需要持有它嗎？這是正確的。他們不必直接在交易所購買。

? @Grayscale Inv Announces Grayscale @Dogecoin Trust

？ @grayscale Inv宣布grayscale @dogecoin Trust

Grayscale Dogecoin Trust goes live, offers investors the opportunity to gain exposure to $DOGE, the native coin of the Dogecoin network. The Trust is now open for daily subscription by eligible… pic.twitter.com/t3cJVa17Ol

Grayscale Dogecoin Trust上線，為投資者提供了獲得Dogecoin Network的本地硬幣$ DOGE的機會。該信託現在可以通過合格的……pic.twitter.com/t3cjva17ol開放

— 🇺🇦 CryptoDep #StandWithUkraine 🇺🇦 (@Crypto_Dep) January 31, 2025

- 🇺🇦cryptodep #standwithukraine🇺🇦（@crypto_dep）2025年1月31日

For Dogecoin, this launch represents a major milestone. It potentially paves the way for far more institutional investment in the asset than we have seen thus far. Unlike Grayscale’s other trusted digital currency products, which hold only Bitcoin, Ethereum, and Zcash, the Grayscale Dogecoin Trust could help make the Dogecoin Dream come a little closer to reality.

對於Dogecoin而言，此次發布代表了一個主要的里程碑。它有可能為對資產的機構投資鋪平道路，而不是我們到目前為止所看到的。與Grayscale的其他值得信賴的數字貨幣產品（僅擁有比特幣，以太坊和Zcash）不同，Grayscale Dogecoin Trust可以幫助使Dogecoin Dream更接近現實。

The Grayscale Dogecoin Trust’s inception substantiates Dogecoin’s legitimacy as a serious contender in the space. Yet it operates within an asset class more emblematic of the Wild West than Wall Street. Although the trust offers a more structured way for investors to gain direct exposure to DOGE, the trust’s underlying asset, the Dogecoin network, is still very much in play; and it too is characterized as a “serious asset” by Grayscale’s parent company, Digital Currency Group.

Grayscale Dogecoin Trust的Inception證明了Dogecoin在該領域的認真競爭者的合法性。然而，它在比華爾街更具象徵性的資產類別中運作。儘管該信託基金為投資者提供了一種更具結構化的方式，可以直接接觸Doge，但信託基金會的基本資產，Dogecoin網絡仍在起作用。它也被格雷斯卡（Grayscale）的母公司數字貨幣集團（Digital Currency Group）描述為“嚴重資產”。

Conclusion: A Critical Time for Dogecoin

結論：Dogecoin的關鍵時間

With Grayscale’s trust offering new ways to invest, the meme coin is at a make-or-break moment. But for those who own it, the news isn’t all bad. Accumulating a significantly large amount of the coins may, in fact, signal that the next big move for Dogecoin is to the upside.

借助Grayscale的信任提供了新的投資方式，模因硬幣正處於製造或突破的時刻。但是對於那些擁有它的人來說，這個消息還不錯。實際上，積累大量的硬幣可能表明，Dogecoin的下一個大動作是上升的。

This may be enhanced, too, by the 8th anniversary of the coin, which will occur in December 2023. Investors should keep a close watch on both the price action and the

這也可以在2023年12月發生的硬幣八週年之前得到加強。投資者應密切關注價格行動和