Dogecoin ETFs See $26 Million Inflows as Whales Pull Supply and Price Tests $0.20–$0.23 Support
Fresh ETF inflows with off-exchange custody concentrate supply to make $0.20–$0.22 the pivot for the next move.
Overview
- New spot funds recorded roughly $26 million of first-week inflows, giving institutions a regulated path to DOGE exposure.
- On-chain trackers show about 122 million DOGE leaving exchanges for cold storage, signaling reduced near-term sell supply.
- Order-book and derivatives data flag large buys—about $13 million on Binance spot, more than $9 million net on OKX spot, and roughly $16 million in Binance net longs—though shorts remain sizable.
- DOGE trades near $0.23 with $0.22 and $0.20 highlighted as critical supports that could precede a rebound toward $0.25–$0.30 or open room for a deeper drop.
- Technical reads are mixed (MACD firming, CMF stabilizing, RSI near neutral), while a reported $2 billion two-day accumulation and a DTCC listing note for 21Shares’ TDOG lack broad corroboration.