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Dogecoin Down 18%, But Whale Withdraws 122 Million DOGE From Binance
On-chain data shows a Dogecoin whale has made a significant withdrawal from cryptocurrency exchange Binance despite the decline in the memecoin’s price. Dogecoin Whale Has Made A Massive Move During The Past Day According to data from cryptocurrency transaction tracker service Whale Alert, a large move has been spotted on the Dogecoin blockchain over the past day. The transfer in question involved the movement of nearly 122.4 million DOGE, worth around $28.5 million at the time the network processed it. Related Reading: Bitcoin Whales Sell 147,000 BTC Since August, Fastest Selloff Of Cycle Considering the scale of the transaction, it’s likely that a whale entity was behind it. Whales refer to the big-money investors of the cryptocurrency, who can carry some degree of influence in the market thanks to their large holdings. Moves related to such holders can be worth keeping an eye on, due to their standing. The transfers may not directly impact the memecoin’s price, but they can still contain information about the sentiment among these giants. A lot of these moves are anonymous, however, meaning it can be hard to infer anything from them. Luckily, the latest Dogecoin whale transaction involved a wallet that has already been identified. Below are the address details related to the transfer. As is visible, the sending address in the case of this Dogecoin whale transaction was a wallet attached to cryptocurrency exchange Binance. The receiver, on the other hand, was an unknown wallet, suggesting that it was likely to be an investor’s self-custodial address. Moves of this type, where coins flow from centralized exchanges to self-custody, are known as Exchange Outflows. Generally, holders move coins away from the custody of these platforms when they plan to hold them in the long term, so Exchange Outflows can have a bullish impact on the asset’s price. The latest Binance Exchange Outflow from the whale has interestingly come following a drop of almost 18% for the memecoin over the past week. As such, it’s possible that the withdrawal corresponds to the large investor using the lower prices to accumulate DOGE. Related Reading: Bitcoin Dip-Buy Calls Spike: Why This Could Actually Be Bearish Speaking of buying, the Dogecoin whale cohort as a whole has added a significant amount of the asset to their wallets during the last couple of days, as analyst Ali Martinez has pointed out in an X post. As displayed in the above chart, the total supply of the Dogecoin investors carrying between 100 million and 1 billion tokens has gone up by 2 billion DOGE (about $465 million) within this window. DOGE Price At the time of writing, Dogecoin is trading around $0.23, down more than 4.5% over the last 24 hours. Featured image from Dall-E, Santiment.net, whale-alert.io, chart from TradingView.com
XRP Analyst Says ‘We Will All Be Surprised’ By October With This Breakout
Dark Defender, a prominent XRP analyst, has drawn significant attention to the token, suggesting that XRP may be setting up a move that could take the market by surprise. Despite its struggle to decisively break above the $3 mark, XRP is now forming a Falling Wedge pattern that signals the potential for a powerful breakout by October. Falling Wedge Signals XRP Breakout By October In a recent XRP price analysis, published on Monday, Dark Defender noted that the third-largest cryptocurrency has once again respected its key support levels at $2.85, despite being rejected at $3.13. The XRP price tapped into the primary support trendline, highlighted in orange on the chart, which has consistently held as a structural base. Related Reading: Analyst Predicts XRP Price Will Definitely Reach $10,000, Gives Reasons Why Importantly, the Relative Strength Index (RSI) is edging closer to oversold territory, a signal often associated with potential price reversals. While skepticism spreads across the market, Dark Defender insists that the XRP bullish structure remains intact and that disbelief itself is a sign that many could be caught off guard by what’s to come. The analyst notes that the cryptocurrency has been consolidating within a Falling Wedge pattern between July and September. According to him, October could be the month when XRP finally breaks free from the wedge and delivers a rally strong enough to surprise the broader market. Building on this momentum, Dark Defender has forecasted three potential price targets for XRP by October: $4.17, $4.92, and $5.85. These levels correspond to upper Fibonacci Extension zones, specifically 261.8%, 361.8%, and 236.8%, respectively. Meanwhile, XRP has its closest supports set at $2.80 and $2.64, ensuring a strong base for the projected Falling Wedge breakout. XRP Bullish Run Just Starting Following his earlier predictions, Dark Defender further reinforced his bullish case by asserting that XRP has not begun its true rally. He suggested a power shift is underway, hinting that what the market has seen so far is only the beginning of a larger bullish wave. Related Reading: Analyst Unveils 3-Month Prediction For Bitcoin, XRP, And Dogecoin – It’s Very Bullish This perspective arrives at a time when XRP has already delivered a remarkable performance in 2025. According to CoinMarketCap’s data, the cryptocurrency has gained 384% Year-to-Date, a surge fueled by increasing demand, rumors of a potential XRP ETF, and renewed confidence after the conclusion of the Ripple-SEC lawsuit. With XRP reaching a high of $3.65 earlier this year and trading just over 5% shy of reclaiming its former all-time high of $3.84, Dark Defender remains certain that the asset’s real growth is still ahead. Based on this view, the recent pullback below $3 is not seen as a weakness, but rather as a consolidation phase before the next leg higher. He highlighted that XRP is nearing the end of this corrective ABCDE consolidation phase and preparing for a lift-off. According to his chart analysis, once the cryptocurrency reclaims the $3.33 level, it could pave the way for double-digit prices. Featured image from iStock, chart from Tradingview.com
Dogecoin Down 18%, But Whale Withdraws 122 Million DOGE From Binance
On-chain data shows a Dogecoin whale has made a significant withdrawal from cryptocurrency exchange Binance despite the decline in the memecoin’s price. Dogecoin Whale Has Made A Massive Move During The Past Day According to data from cryptocurrency transaction tracker service Whale Alert, a large move has been spotted on the Dogecoin blockchain over the past day. The transfer in question involved the movement of nearly 122.4 million DOGE, worth around $28.5 million at the time the network processed it. Related Reading: Bitcoin Whales Sell 147,000 BTC Since August, Fastest Selloff Of Cycle Considering the scale of the transaction, it’s likely that a whale entity was behind it. Whales refer to the big-money investors of the cryptocurrency, who can carry some degree of influence in the market thanks to their large holdings. Moves related to such holders can be worth keeping an eye on, due to their standing. The transfers may not directly impact the memecoin’s price, but they can still contain information about the sentiment among these giants. A lot of these moves are anonymous, however, meaning it can be hard to infer anything from them. Luckily, the latest Dogecoin whale transaction involved a wallet that has already been identified. Below are the address details related to the transfer. As is visible, the sending address in the case of this Dogecoin whale transaction was a wallet attached to cryptocurrency exchange Binance. The receiver, on the other hand, was an unknown wallet, suggesting that it was likely to be an investor’s self-custodial address. Moves of this type, where coins flow from centralized exchanges to self-custody, are known as Exchange Outflows. Generally, holders move coins away from the custody of these platforms when they plan to hold them in the long term, so Exchange Outflows can have a bullish impact on the asset’s price. The latest Binance Exchange Outflow from the whale has interestingly come following a drop of almost 18% for the memecoin over the past week. As such, it’s possible that the withdrawal corresponds to the large investor using the lower prices to accumulate DOGE. Related Reading: Bitcoin Dip-Buy Calls Spike: Why This Could Actually Be Bearish Speaking of buying, the Dogecoin whale cohort as a whole has added a significant amount of the asset to their wallets during the last couple of days, as analyst Ali Martinez has pointed out in an X post. As displayed in the above chart, the total supply of the Dogecoin investors carrying between 100 million and 1 billion tokens has gone up by 2 billion DOGE (about $465 million) within this window. DOGE Price At the time of writing, Dogecoin is trading around $0.23, down more than 4.5% over the last 24 hours. Featured image from Dall-E, Santiment.net, whale-alert.io, chart from TradingView.com
XRP Analyst Says ‘We Will All Be Surprised’ By October With This Breakout
Dark Defender, a prominent XRP analyst, has drawn significant attention to the token, suggesting that XRP may be setting up a move that could take the market by surprise. Despite its struggle to decisively break above the $3 mark, XRP is now forming a Falling Wedge pattern that signals the potential for a powerful breakout by October. Falling Wedge Signals XRP Breakout By October In a recent XRP price analysis, published on Monday, Dark Defender noted that the third-largest cryptocurrency has once again respected its key support levels at $2.85, despite being rejected at $3.13. The XRP price tapped into the primary support trendline, highlighted in orange on the chart, which has consistently held as a structural base. Related Reading: Analyst Predicts XRP Price Will Definitely Reach $10,000, Gives Reasons Why Importantly, the Relative Strength Index (RSI) is edging closer to oversold territory, a signal often associated with potential price reversals. While skepticism spreads across the market, Dark Defender insists that the XRP bullish structure remains intact and that disbelief itself is a sign that many could be caught off guard by what’s to come. The analyst notes that the cryptocurrency has been consolidating within a Falling Wedge pattern between July and September. According to him, October could be the month when XRP finally breaks free from the wedge and delivers a rally strong enough to surprise the broader market. Building on this momentum, Dark Defender has forecasted three potential price targets for XRP by October: $4.17, $4.92, and $5.85. These levels correspond to upper Fibonacci Extension zones, specifically 261.8%, 361.8%, and 236.8%, respectively. Meanwhile, XRP has its closest supports set at $2.80 and $2.64, ensuring a strong base for the projected Falling Wedge breakout. XRP Bullish Run Just Starting Following his earlier predictions, Dark Defender further reinforced his bullish case by asserting that XRP has not begun its true rally. He suggested a power shift is underway, hinting that what the market has seen so far is only the beginning of a larger bullish wave. Related Reading: Analyst Unveils 3-Month Prediction For Bitcoin, XRP, And Dogecoin – It’s Very Bullish This perspective arrives at a time when XRP has already delivered a remarkable performance in 2025. According to CoinMarketCap’s data, the cryptocurrency has gained 384% Year-to-Date, a surge fueled by increasing demand, rumors of a potential XRP ETF, and renewed confidence after the conclusion of the Ripple-SEC lawsuit. With XRP reaching a high of $3.65 earlier this year and trading just over 5% shy of reclaiming its former all-time high of $3.84, Dark Defender remains certain that the asset’s real growth is still ahead. Based on this view, the recent pullback below $3 is not seen as a weakness, but rather as a consolidation phase before the next leg higher. He highlighted that XRP is nearing the end of this corrective ABCDE consolidation phase and preparing for a lift-off. According to his chart analysis, once the cryptocurrency reclaims the $3.33 level, it could pave the way for double-digit prices. Featured image from iStock, chart from Tradingview.com