Massive DOGE short-term: Does this whale know something?

A whale of DOGE named 0x9eec9 reportedly profited 31.8 million USD on Hyperliquid and currently holds active short positions worth 98 million USD in DOGE, Ether, Ripple, PEPE, and Aster, with the largest short position being 32 million USD in DOGE. The price of DOGE failed to reclaim the resistance level of 0.22-0.23 USD after a 25% rebound, falling below the 200-day moving average (EMA). If the support level of 0.19 USD is breached, it may fall to 0.16 USD. Another whale named 0x9263 has profited 13.2 million USD and has built a position of 84 million USD in short positions on Solana and Bitcoin, indicating a coordinated bearish bet amid market uncertainty.

DOGE-4.92%
ETH-2.1%
XRP-3.45%
PEPE-3.54%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)