Dogecoin Faces Pressure as Large Whales Sell 120 Million DOGE
Dogecoin's price struggles near $0.075 as major holders offload significant amounts of the token.
Dogecoin's price struggles near $0.075 as major holders offload significant amounts of the token. Tether (USDT) is trading at ₹94.85 ($0.9991). This is an original Token Times brief based on reporting by CoinJournal, with live market data added, as of Tue, 03 Nov 2026 18:30:01 UTC.
The large-scale sell-off by whales, who hold a substantial portion of DOGE's supply, could exacerbate the token's downward price pressure and test key support levels. This movement is occurring amidst a broader period of decline for Dogecoin.
- Dogecoin has declined for five consecutive weeks.
- Whales sold 120 million DOGE since Thursday.
- Key support at $0.068, resistance from $0.079 to $0.090.
- USDT transfer of 120 million to JustLendDAO noted.
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- Dogecoin Struggles Below Key EMAs Amidst Selling Pressure
- Dogecoin Whales Move $30.5M as DOGE Tests Key Price Levels
- Dogecoin Faces Pressure as Large Whales Sell 120 Million DOGE — this brief
- Dogecoin Community Marks Doge Day Amidst Market Struggles
Dogecoin (DOGE) is facing downward pressure as large holders, known as whales, have sold approximately 120 million DOGE since Thursday. This development comes after five consecutive weeks of declines for the meme-inspired cryptocurrency.
According to CoinJournal, Dogecoin is currently trading near $0.075, struggling to find support as it navigates a challenging market environment. The next major support level for DOGE is around $0.068, while recovery efforts face resistance in the range of $0.079 to $0.090.
Coinfomania adds that a significant transfer of 120 million USDT to JustLendDAO has attracted market attention, indicating potential shifts in liquidity and investment flows within the crypto space. This transfer coincides with the broader market's mixed signals, where 
Bitcoin has seen a modest 0.34% gain in the past 24 hours.
The total crypto market cap stands at $2.67 trillion, with the overall market remaining relatively flat. Bitcoin's slight increase contrasts with Dogecoin's 7-day decline of 3.71%, reflecting the token's recent struggles. The Fear & Greed Index remains at 26, indicating a sentiment of fear among investors.
The sale of 120 million DOGE by whales could further exacerbate the token's downward price movement, especially as it tests key support levels. Investors will be watching whether DOGE can hold above $0.068 or if it will continue to face selling pressure.
Since this brief published about 33 hours ago, Tether (USDT) has moved from ₹94.83$0.999 to ₹94.85$0.9991 — +0.01%.
The chart plots USDT's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDT ≈ ₹102.91 (about $0.9991), up 0.0% over 24 hours. The rupee itself trades about 8.5% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 3, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Dogecoin Faces Pressure as Large Whales Sell 120 Million DOG — questions & answers
What is the current price of Dogecoin?
Dogecoin is trading at $0.075224, up 0.28% in the last 24 hours.
How much DOGE have whales sold since Thursday?
Whales have sold 120 million DOGE since Thursday.
What is the next major support level for DOGE?
The next major support level for Dogecoin is around $0.068.
How much is 1 Tether worth in rupee today?
About ₹102.91 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9991. The rupee price moves with both USDT's US-dollar price and the USDT/INR rate; use our Tether in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CoinJournal. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.