Recently, Dogecoin (DOGE) has plunged from below the key support level of $0.192, with a drop of more than 9% at one point, and market sentiment has cooled sharply. On-chain data shows that most DOGE holders have begun to take profits, and the volume of open contracts and derivatives has dropped significantly. Mainstream holders tend to withdraw funds to exchanges to wait for opportunities. FXStreet analysis pointed out that DOGE
