投资者对Dogecoin的热情急剧下降。超过67％的开放利息在三个月内减少了

开放利息衡量期货和期权交易所的积极合同。通常，一个下降的数字表示交易者关闭或避免新职位。

Investor enthusiasm for Dogecoin (DOGE) is sharply declining, with open interest on the meme coin decreasing by over 67% in three months, suggests data from blockchain analytics firm Glassnode.

投资者对Dogecoin（Doge）的热情急剧下降，三个月内对模因硬币的开放兴趣降低了67％以上，这表明Blockchain Analytics公司GlassNode的数据表明。

At the beginning of December 2024, open interest in Dogecoin stood at $4.07 billion. However, by February 2025, it had dropped to $1.33 billion. This significant decline, which amounts to a 67% decrease in just three months, suggests mounting caution among market participants.

2024年12月初，对Dogecoin的开放兴趣为40.7亿美元。但是，到2025年2月，它已降至13.3亿美元。这种大幅下降的幅度下降，在短短三个月内下降了67％，这表明市场参与者谨慎谨慎。

Many traders are retreating due to uncertainties in the broader crypto market, leading to a closure of futures and options positions. Open interest, which measures the value of active derivatives contracts, usually diminishes when traders wind down existing positions or prefer not to open new ones.

由于更广泛的加密货币市场的不确定性，许多交易者正在撤退，导致了期货和期权职位的关闭。衡量主动衍生品合同价值的开放兴趣通常会减少交易者降低现有头寸或不愿意开放新职位时。

The 67% drop in OI for Dogecoin and a smaller decrease in Bitcoin (BTC) open interest suggest that traders are becoming more risk-averse and focused on stable investments.

Dogecoin的OI下降了67％，比特币（BTC）开放兴趣较小，这表明交易者变得越来越大，并且专注于稳定的投资。

This aligns with the pattern of decreasing futures trade volume in Bitcoin and Ethereum (ETH), while smaller altcoins like Dogecoin are seeing more dramatic changes in open interest.

这符合减少比特币和以太坊（ETH）期货贸易量的模式，而像Dogecoin这样的较小的山寨币的开放兴趣发生了更大的变化。

Furthermore, network activity of Dogecoin has also seen a steeper decline compared to Bitcoin and Ethereum. Active addresses for Dogecoin in November 2024 were around 1.3 million, but by February 2025, the count had dropped to 130,000, which translates to a 95% decrease in just a few months.

此外，与比特币和以太坊相比，Dogecoin的网络活动也急剧下降。 Dogecoin在2024年11月的活跃地址约为130万，但到2025年2月，计数已降至130,000，这一数字在短短几个月内下降了95％。

This decline in activity implies that a decreasing number of users are interacting with the Dogecoin system, which could be a concern for the long-term health of the network.

活动的下降意味着减少的用户正在与Dogecoin系统互动，这可能是网络长期健康的关注。

On-chain data suggests that Dogecoin transactions have become less frequent, indicating reduced participation from both retail and institutional investors. The drop in activity also means fewer new investors are joining the network, which could limit future growth potential.

链上的数据表明，Dogecoin交易的频率较低，表明零售和机构投资者的参与减少。活动下降还意味着更少的新投资者加入了网络，这可能会限制未来的增长潜力。

However, despite the pessimism surrounding Dogecoin, Grayscale set up a Dogecoin Trust in January, which is still accepting new investments. This move by a major institutional investor shows that there is still some interest in the meme coin.

然而，尽管围绕狗狗币感到悲观，但格雷斯卡（Grayscale）在一月份建立了狗狗币信托基金，该信托基金仍在接受新的投资。一位主要的机构投资者的这一举动表明，对模因硬币仍然有兴趣。

It remains to be seen whether institutional backing can compensate for the waning retail interest in Dogecoin.

机构支持是否可以补偿Dogecoin的零售利益，还有待观察。

Grayscale’s involvement signals that there are hopes for the long-term survival of Dogecoin, but the real test will be whether regular buyers return to support the coin in the coming months.

Grayscale的参与信号表明，Dogecoin的长期生存期望，但真正的测试将是常规买家是否会在未来几个月内返回支持硬币。

If the market mood recovers and broader crypto use increases, Dogecoin may experience a resurgence. Until then, the road ahead for the meme coin appears bleak. However, in the rapidly changing realm of crypto, anything is possible.

如果市场情绪恢复并增加了更广泛的加密货币，那么Dogecoin可能会恢复。在此之前，模因硬币前方的道路显得黯淡。但是，在加密迅速变化的领域中，一切皆有可能。

The post Investor Enthusiasm for Dogecoin Fades as Open Interest Drops 67% In 3 Mos appeared first on Benzinga.

邮政投资者对Dogecoin的热情消失了，因为开放兴趣在3个MO中下降了67％，首先出现在Benzinga上。