Dogecoin News Today: Dogecoin Futures Drop 8% Amid $200M Whale Transfer to Binance

Generated by AI AgentCoin World
Monday, Aug 25, 2025 6:32 am ET1min read
Aime RobotAime Summary

- Dogecoin futures fell 8% as a $200M whale transfer to Binance triggered selloffs, pushing DOGE below $0.25 resistance to $0.23 support.

- Institutional investors accumulated 680M DOGE in August despite short-term weakness, suggesting long-term bullish positioning amid technical consolidation.

- Macroeconomic headwinds and hawkish central bank signals compounded pressure on meme coins, while the Golden Cross pattern indicates potential for recovery.

- Market focus remains on $0.23 support resilience and whale activity, with Binance inflows risking further selling pressure but accumulation potentially offsetting downward momentum.

Dogecoin futures experienced an 8% decline in open interest over the weekend as the cryptocurrency pulled back from $0.25 resistance levels amid a massive $200 million whale transfer to Binance wallets. The 900 million token movement triggered heightened distribution concerns, causing immediate selling pressure and a reversal in momentum as

DOGE
retreated to $0.23 support [1]. The price action unfolded between August 24 and 25, with trading volume spiking to 2.29 billion during the failed breakout attempt at the key resistance level [2].

Despite the near-term selloff, on-chain data revealed a contrasting accumulation trend in August, with large holders acquiring over 680 million DOGE tokens. This accumulation pattern suggests long-term bullish positioning among institutional investors, even as short-term technical indicators showed weakness and futures positioning contracted [3]. Analysts noted that the transfer likely represented large-scale profit-taking rather than a retail-driven shift, as the volume spikes were concentrated during specific time windows indicative of institutional activity [4].

The price decline coincided with broader macroeconomic headwinds. Risk assets faced downward pressure following hawkish central bank statements and new trade policy developments, compounding the technical challenges for meme cryptocurrencies [5]. The final trading hour saw an additional 0.4% drop in DOGE, with volume spikes of 10–12 million tokens per minute breaking intraday support at $0.229 [6].

While the immediate bearish momentum was clear, technical analysts emphasized that the Golden Cross pattern remains intact on higher timeframes. This signal suggests that the current pullback may represent consolidation rather than a definitive trend reversal [7]. Market participants are now closely monitoring whether the $0.23 support level holds and how whale activity develops in the coming days. Additional inflows to Binance could exacerbate selling pressure, while continued accumulation may provide a counterbalance [8].

The retreat from $0.25 resistance highlights the tension between long-term accumulation and short-term distribution dynamics. Although futures positioning weakened by 8%, the market structure remains within a defined range between $0.228 and $0.233, with buyers defending lower levels but lacking the momentum to push higher [9]. Broader market conditions and correlations with other meme tokens will also influence speculative flows in the near term.

Sources:

[1]

Dogecoin
Futures Drop 8% as $200 Million Whale Transfer Triggers Selloff – https://coinmarketcap.com/community/articles/68ac38ccf1c7880937dac42b/

[2] Qubic's 51% Attack Plans Trigger DOGE Crash, Futures Open Interest Drops 8% – https://cfgi.io/doge-fear-greed-index/

[3] DOGE Futures OI Slides 8% Even as Fabled 'Golden Cross' Intact on Higher Timeframes – https://www.xt.com/en/blog/community-news/2025-08-25T08:47:06.000Z

[5]

Bitcoin
Flash Crash Triggers $550M in Sunday Liquidations as Ether Rotation Builds – https://www.coindesk.com/markets/2025/08/25/bitcoin-flash-crash-triggers-usd550m-in-sunday-liquidations-as-ether-rotation-builds