Dogecoin Spot Flows Flip Negative With 599% Swing as Whales Withdraw $57M
Dogecoin spot flows turned negative in the past week, with a 599% week-over-week swing from net inflows to net outflows. Crypto.news reported about $57 million in net outflows as large holders, often called whales, reduced exchange balances. The data does not confirm selling; whales may be reallocating, taking profits, or moving to cold storage, though flow metrics can be noisy.