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📖 Day 1 · Quiz (Single Choic
Recently, a striking phenomenon has emerged in the field of crypto assets: a long-dormant DOGE wallet has suddenly been activated. This wallet holds over 10 million DOGE, worth approximately 2.25 million dollars. It is noteworthy that this activation coincides with a period of low market fluctuation, and the wallet subsequently withdrew from the Binance platform.
At the same time, the DOGE futures market is also showing some interesting trends. Currently, the open interest of DOGE futures has reached a high of 3.36 billion dollars. However, the market is also facing some pressure, with approximately 200 million DOGE (worth about 50 million dollars) being sold off recently.
In the face of these market changes, analysts are closely monitoring the price trend of DOGE. They are particularly focused on the key support level of $0.20. Some experts warn that if the price falls below this level, it may further decline to $0.178.
This series of events once again highlights the complexity and unpredictability of the Crypto Assets market. Whether it's the sudden activation of long-dormant Wallets or the coexistence of large holdings and sell-offs, it brings new thoughts to market participants. In this environment full of variables, investors need to remain vigilant and closely monitor market trends.