Dogecoin (DOGE) Price: Whales Are Buying the Dip While ETF Investors Hold Back

TLDR

• Dogecoin experienced a decline of over 5% within a 24-hour period, with its trading price around $0.091.
• Dogecoin ETF products have registered no net inflows for eight consecutive days.
• Approximately 4.5 million DOGE were purchased by U.S. traders on Kraken during a recent price drop.
• A “death cross” pattern has appeared on the chart, which is typically considered a bearish indicator.
• Qubic has scheduled the integration of Dogecoin mining for April 1, 2026.

(SeaPRwire) –   Dogecoin has seen a decrease of more than 5% in the last 24 hours, with prices fluctuating near $0.091. This downturn coincides with a broader pullback in the cryptocurrency market, as the total market capitalization fell by 1.18% to $2.4 trillion.

The token is currently holding above the $0.092 support level, but selling pressure is increasing. The Relative Strength Index is around 41, and the MACD indicator suggests an impending bearish crossover. Analysts indicate that for bulls to regain dominance, DOGE must first reclaim the $0.095 level.

A death cross has also formed on the chart, a technical pattern where a shorter-term moving average crosses below a longer-term one, generally interpreted as a bearish signal.

ETF Investors Hold Back

Data from SoSoValue reveals that Dogecoin ETF products have experienced zero net flows for eight consecutive days, indicating neither new investments nor withdrawals.

This lack of activity suggests that institutional investors have not responded to recent price movements. Some analysts interpret this inactivity as a sign of caution, while others view the absence of outflows as an indication that current holders anticipate a price recovery.

The contrast between institutional and retail investor behavior is evident. While ETF flows remained stagnant, retail traders on Kraken purchased approximately 4.5 million DOGE tokens within a 12-hour period during a price dip.

Whale Buying Activity

On-chain data from CryptoQuant shows that taker buy dominance has been observed across major exchanges over the past 90 days, meaning aggressive buyers have been more active than sellers in the spot markets.

This pattern has recurred during recent price corrections, suggesting that traders are viewing dips as opportunities to buy rather than sell. Analysts suggest that this accumulation trend often precedes a price breakout, although a significant move has not yet occurred.

$DOGE is sitting at generational buying zone (imho)!! There’s no reason why this thing can’t hit $10+ this cycle! #DOGE has done 100x before, it can do it again. pic.twitter.com/Kkox1VuG9i

— Vuori Trading (@VuoriTrading) March 26, 2026

Whale activity indicates interest in a potential move above the $0.10 mark. DOGE was recently rejected at this level and has not managed to surpass it since.

Qubic has confirmed that its Dogecoin mining campaign will launch on April 1. The company stated that each mined share will be validated by Oracle Machines, which became operational on the mainnet on February 11. Dogecoin mining is described as the first external proof-of-work application built on this system.