Dogecoin Whales Exit: Total Supply Plunges By Almost 9%

On-chain data shows the Dogecoin whales have been shaving off their holdings over the past year, a sign that could be bearish for the memecoin. Dogecoin Whales Have Notably Reduced Their Supply In The Last Year According to data from the market intelligence platform IntoTheBlock, DOGE whales have lost supply share to other holder groups

Source: Bitcoinist