In the past 24 hours, Dogecoin spot funds have surged by 1120.38%, with a net inflow of $13.92 million. Outflows totaled $97.17 million, exceeding inflows of $83.26 million. This significant change indicates that as Dogecoin potentially leaves exchanges, its demand may be declining. The broader cryptocurrency market experienced $253 million in liquidations, mainly from long positions. Dogecoin's price retreated after failing to break through the key daily moving average of $0.095, increasing the risk of falling to the $0.08 support level.

DOGE-4.14%

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