Dogecoin Whale assumes $ 21 million $ 2.14 million profit. What’s going on?

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The main whale of Dogecoin earns a brave plant in the amount of $ 21.24 million just a few days after blocking the profit with many millions of dollars. The movement that Looconchain revealed aroused the interest of cryptographic investors on the Social Media platform X. It happens like Dogecoin it starts to move away from His bears Q3 with a vast performance in the last seven days.

Whale makes high rates on dogs

According to a chain transaction monitor LookonchainCrypto Whale identified as the 0x6ADB address recently closed the previous long position on Dogecoin with a neat profit of $ 2.14 million. According to Data from HyperdashThis position was open for 63 hours and was finally closed on July 18. The entry was in place and the position was able to take Full benefit Dogecoin has a pressure from 0.19 to 0.24 USD during this period.

However, what makes this trade not only attention is not only the amount of profit, but the fact that the whale immediately introduced the market with even more certainty. A few hours after the whaling left, he opened a up-to-date 10 -week long position at 84.08 million dogs, which was then worth around $ 21.24 million.

Dogeusd is currently trading for USD 0.25. Chart: TradingView

Interestingly, the up-to-date long position has been almost perfectly saved. As Looconchain noted, the position quickly changed in favor of a whale, increasing the unrealized profit of $ 1.64 million.

Dogecoin enters the quarter with a 53% profit

Dogecoin’s long results in July meant a positive start to the price in Q3 2025. Interestingly, the last time Dogecoin finished Q3 with a positive closure in 2020. Since then, Memecoin has noted losses in Q3 from six consecutive years, from 6.9% in 2023 to as much as 18% in 2021.

However, in the current situation Data from Cryptoraank shows that Dogecoin is currently experiencing an raise of 53.6% in the third quarter of 2025. At the time of writing, Dogecoin trads for USD 0.253, which means an raise of 28% of USD 0.197 just a week ago.

According to For Coumingss dataOpen interest in Dogecoin from the derivative instrument market has exceeded over $ 4 billion for the first time since February. These data show that there are a vast number of vigorous participants and great interest in Dogecoin, which is positive prospects for his price campaign in the up-to-date week.

The price level of USD 0.25 is now a support zone and dogs He could go on a forceful movement up to USD 0.30 in the up-to-date week if this floor continues. However, every decisive decrease Below it will quickly shift sentiment.

In the case of a 10 -time trader, a 10% decrease in Dogecoin price will push trade deep into negative territory. The whale position can be eliminated or seriously affected if Dogecoin goes back to earlier support levels by about USD 0.22 or lower.

A distinguished picture from Unsplash, TradingView chart

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