狗狗幣鯨魚累積 DOGE，預示潛在反彈至 0.48 美元

持有 10,000,000 至 100,000,000 DOGE 的狗狗幣鯨魚在過去一周已積累了 4.1 億 DOGE，價值 1.4 億美元。

Dogecoin whales have been on a buying spree in recent times. As a result of this buying activity, Dogecoin’s large investors, or “whales,” have added 410 million DOGE to their holdings over the past week. This translates to roughly $140 million at current prices.

最近一段時間，狗狗幣鯨魚一直在瘋狂購買。由於這次購買活動，狗狗幣的大型投資者（或稱「鯨魚」）在過去一周增持了 4.1 億 DOGE。以當前價格計算，這大約相當於 1.4 億美元。

According to on-chain data, Dogecoin whales with holdings ranging from 10,000,000 to 100,000,000 DOGE now hold a total of 22.54 billion DOGE. This marks the highest level of holdings by this group of whales since February 2016.

鏈上數據顯示，持有10,000,000至100,000,000 DOGE的狗狗幣鯨魚目前總共持有225.4億DOGE。這是自 2016 年 2 月以來這群鯨魚持有量的最高水準。

When large holders increase their coin accumulation, it usually signifies their confidence in the asset’s near-term potential. This buying activity reduces the circulating supply of the asset, potentially leading to scarcity and driving up prices.

當大持有者增加代幣累積時，通常表示他們對該資產的近期潛力充滿信心。這種購買活動減少了資產的流通供應，可能導致稀缺並推高價格。

Moreover, whale accumulation like this tends to attract retail investors, amplifying demand and further supporting a bullish price trend.

此外，像這樣的鯨魚累積往往會吸引散戶投資者，放大需求並進一步支持看漲的價格趨勢。

In the case of Dogecoin, the recent spike in whale accumulation is likely due to the asset being valued in the “undervalued zone.” Readings from Dogecoin’s negative market value to realized value (MVRV) ratio suggest that the meme coin is currently undervalued, presenting a prime buying opportunity for those looking to trade against the market trend.

就狗狗幣而言，最近鯨魚累積的激增可能是由於該資產的估值處於「低估區域」。狗狗幣的負市場價值與已實現價值 (MVRV) 比率表明，迷因幣目前被低估，為那些希望逆市場趨勢進行交易的人提供了絕佳的買入機會。

At the time of writing, the token’s one-day MVRV ratio is -1.76. This metric is used to gauge whether an asset is over or undervalued. It does this by comparing the asset’s market value to its realized value, which is the total acquisition cost of all coins in the circulating supply.

截至撰寫本文時，該代幣的一日 MVRV 比率為 -1.76。此指標用於衡量資產是否被高估或低估。它透過將資產的市場價值與其實現價值進行比較來實現這一點，即流通供應中所有代幣的總獲取成本。

As you can see from the chart above, negative MVRV ratios, such as the one seen here, have historically served as a buying signal, indicating that the asset is being traded below its historical acquisition cost and may be due for a rebound. This makes sense intuitively, as investors would be more inclined to sell their holdings at a profit.

從上圖可以看出，負 MVRV 比率（如此處所示）歷來被視為買入訊號，表明該資產的交易價格低於其歷史收購成本，並且可能會出現反彈。從直覺上看，這是有道理的，因為投資者更傾向於出售所持股份以獲取利潤。

If we apply this logic to Dogecoin, it could indicate that those buying DOGE now are doing so because they believe the coin is set for a near-term price increase, presenting an opportunity to buy low and sell high.

如果我們將這種邏輯應用於狗狗幣，則可能表明那些現在購買狗狗幣的人正在這樣做，因為他們相信該幣將在近期價格上漲，從而提供低買高賣的機會。

DOGE Price Prediction: Accumulation Could Propel Coin to $0.48

DOGE 價格預測：累積可能會將代幣推升至 0.48 美元

On the daily chart, we can see that Dogecoin’s Chaikin Money Flow (CMF) reflects the rising accumulation, indicated by the momentum indicator’s positive slope. As of this writing, the CMF is in an upward trend at 0.03.

在日線圖上，我們可以看到狗狗幣的 Chaikin 資金流 (CMF) 反映了累積的上升，這由動量指標的正斜率表示。截至撰寫本文時，CMF 處於上升趨勢，為 0.03。

When an asset’s CMF is positive, it indicates buying pressure in the market, with more money flowing into the asset than out. This suggests strong investor confidence and is a bullish signal for price movement.

當資產的 CMF 為正時，表示市場有購買壓力，流入該資產的資金多於流出的資金。這顯示投資者信心強勁，是價格走勢的看漲訊號。

On the other hand, when an asset’s CMF is negative, it indicates that more money is flowing out of the asset than into it. This suggests that sellers are driving down the asset's price and is a bearish signal for price movement.

另一方面，當資產的 CMF 為負值時，表示流出該資產的資金多於流入該資產的資金。這表明賣家正在壓低資產價格，並且是價格走勢的看跌訊號。

In this case, if Dogecoin whales continue their accumulation, it could drive the meme coin's price to $0.48. On the other hand, if selloffs resume, its price could fall to $0.29.

在這種情況下，如果狗狗幣鯨魚繼續積累，它可能會將 meme 幣的價格推至 0.48 美元。另一方面，如果拋售繼續，其價格可能會跌至 0.29 美元。