The market data makes people feel uneasy.



A certain whale placed a sell order of 420 million DOGE at 0.147, equivalent to 62 million USD. Meanwhile, 31,000 put options are set to expire at a certain exchange, and the buying depth on Binance has evaporated by 72%—now only 12 million USD is holding up. Worse, if it drops below 0.143 tonight, 1.5 billion USD in long positions will be directly liquidated.

This operation is too ruthless, a typical case of "openly repairing the road while secretly crossing the river".

The entire shipping process can be broken down into four steps: first, create the illusion of a "iron bottom" through algorithmic trading between 0.143 and 0.147, making people think that someone is defending the market; secretly sell 180 million DOGE daily through over-the-counter channels, which can be verified on-chain; at the same time, buy put options in the options market to lock in profits; finally, wait for a negative news to emerge, directly breaking through the support level to harvest.

On-chain data speaks volumes. The top ten addresses reduced their holdings by 530 million DOGE within three days, and the funding rate dropped from positive 0.02% to negative 0.05%. Long positions were cut by 41%, while short positions surged by 280%. When these signals are combined, there's basically nothing good to say.

If you still hold a long position in DOGE, you need to consider three things:

First, clear it near the current price of 0.145, don't hesitate. Second, if it rebounds to 0.146-0.147, you can try to short in batches, setting a stop-loss at 0.150, and see if you can catch 0.135. Third, set a price alert, if it drops below 0.143, then pursue a short.

There are a few iron rules for position management: don't open a position that exceeds 1% of the total capital in a single transaction, Meme coins can have volatility exceeding 100%; withdraw the principal when profits reach 30%; and the most important rule - never try to catch a falling knife, it's equivalent to breaking your own wrist.

The market is never short of opportunities, but the prerequisite is that you have to survive.
DOGE-4.15%
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OnChain_Detectivevip
· 12-04 08:07
yo this reeks of classic whale manipulation... let me pull the data real quick—72% liquidity evaporation on binance? that's not random, that's *orchestrated*. flagged activity detected fr fr
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StablecoinGuardianvip
· 12-03 22:16
Damn, it's the same old trick again. The "whale defending the price" gimmick has been seen a hundred times already. Even the funding rate has flipped; who can't see through this? Stop-loss must be firmly held at 0.150.
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MetaverseVagabondvip
· 12-03 16:40
Same old trick, I knew something was up as soon as the whale started dumping. The "supporting the price" is just a façade, and that daily 180 million off-exchange move is way too familiar. It's all clearly recorded on-chain. If 0.143 breaks, it's game over. Over 1.5 billion in positions can be wiped out just like that—this move is ruthless. The only way to survive is not to try bottom fishing, don't ask me how I know.
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GateUser-6fcd6989vip
· 12-02 18:52
Wow, this wave of playing people for suckers is really f*cking amazing. It's all about the big whales, options, and short positions getting liquidated; they might as well have written the harvesting plan on their foreheads. For the guys still holding long orders for DOGE... I advise you not to fight it. 0.143 is the dead spot; if it breaks and you chase shorts, I don't think it will be a big problem, but the premise is that you have to survive until that moment, right? Meme coins are really not something for humans to play with; things with volatility over a hundred and you still want stable returns? What are you thinking? My advice is: take profits and run, don't wait for a rebound; the rebound is also a trap. --- Another deadly situation... this time it's really getting a bit out of hand. --- The part about position management is true, but no one listens. --- Not getting caught by falling knives is too hard; every time I think a drop is a chance to enter a position, I end up losing my hands. --- With on-chain data looking like this and you still don't run, isn't that just brave calling for money?
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GateUser-9cf9e527vip
· 12-02 15:01
✌🏼
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smyxvip
· 12-02 04:45
Wow, this method of playing people for suckers is really something! It's all about the big Whales, Options, and short positions getting liquidated; they might as well write the harvesting plan on their foreheads. For those still holding long orders of DOGE... I advise you not to go head-to-head. 0.143 is the dead zone; if it breaks and you chase the shorts, I don't think it will be a big deal, but you have to survive until that moment. Meme coins are really not meant for people to play. How can you expect stable returns on something with over a hundred in volatility? What are you thinking? My advice is: take profits and run, don't wait for a rebound; rebounds are also a trap. --- Another deadly situation... this time it really feels like it's gotten serious. --- That part about position management is true, but nobody listens. --- Not eating the falling knife is just too hard; every time I think a drop is an entry opportunity, I end up getting my hands cut off. --- If the on-chain data is this bad and you still don't run, that's not bravery; that's just giving away money.
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IfYouCan'tDoIt,JustLieDown.vip
· 12-02 01:56
They all fell below 0.14, what the hell.
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DoNotForgetGratitudevip
· 12-02 00:07
Hold on tight, we're taking off To da moon 🛫
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DoNotForgetGratitudevip
· 12-02 00:07
Hold on tight, we are taking off To da moon 🛫
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DoNotForgetGratitudevip
· 12-02 00:07
Hold on tight, we're taking off To da moon 🛫
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