Dogecoin records $57M net outflows: What’s next?

Dogecoin has recorded approximately $57.2 million in net spot outflows over seven days, with CoinGlass reporting $538.16 million in outflows against $480.96 million in inflows as DOGE fell nearly 9% during the week. Dogecoin recorded $538.16 million in weekly spot outflows against $480.96 million in exchange inflows alone. CoinGlass figures indicate net outflows of $57.2 million, although individual whale purchases remain unconfirmed independently. DOGE traded near $0.085 on October 11, following an approximately 9% seven day price decline. Analyst Giannis Andreou identified $0.092–$0.095 as confirmation levels before considering higher Dogecoin price targets ahead.

Source: crypto.news