{"id":24286,"date":"2026-10-11T20:51:02","date_gmt":"2026-10-11T20:51:02","guid":{"rendered":"https:\/\/cryptoted.net\/index.php\/2026\/10\/11\/dogecoin-records-57m-net-outflows-whats-next\/"},"modified":"2026-10-11T20:51:02","modified_gmt":"2026-10-11T20:51:02","slug":"dogecoin-records-57m-net-outflows-whats-next","status":"publish","type":"post","link":"https:\/\/cryptoted.net\/index.php\/2026\/10\/11\/dogecoin-records-57m-net-outflows-whats-next\/","title":{"rendered":"Dogecoin records $57M net outflows: What&#8217;s next?"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/media.crypto.news\/2025\/09\/crypto-news-DOGE-dogecoin-option06.webp\" \/><\/p>\n<div>\n<p class=\"is-style-lead\">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.<\/p>\n<div id=\"cn-block-summary-block_d1f3d16d8db3bef5a9e92316cc5fcdb2\" class=\"cn-block-summary\">\n<p>\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/p>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Dogecoin recorded $538.16 million in weekly spot outflows against $480.96 million in exchange inflows alone.<\/li>\n<li>CoinGlass figures indicate net outflows of $57.2 million, although individual whale purchases remain unconfirmed independently.<\/li>\n<li>DOGE traded near $0.085 on October 11, following an approximately 9% seven day price decline.<\/li>\n<li>Analyst Giannis Andreou identified $0.092\u2013$0.095 as confirmation levels before considering higher Dogecoin price targets ahead.<\/li>\n<li>Bitwise confirmed its Dogecoin ETF will stop trading October 14, with shareholder distributions scheduled afterward.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>CoinGlass data showed a seven-day spot net flow percentage of -599.50%, alongside continued pressure on the cryptocurrency\u2019s price. The figures indicate that more funds left the tracked spot market than entered during the reporting period, although they do not establish that large investors purchased Dogecoin or moved the withdrawn assets into long-term storage.<\/p>\n<p>Meanwhile, Dogecoin traded near $0.085 on October 11, according to CoinGecko, after declining from levels above $0.09 earlier in the month.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Dogecoin records $57 million in weekly net outflows<\/strong><\/h2>\n<p>Dogecoin\u2019s latest spot flow data shows a difference between funds moving into and out of cryptocurrency exchanges during the past seven days.<\/p>\n<p>According to the CoinGlass data, total inflows reached $480.96 million, while outflows amounted to $538.16 million.<\/p>\n<p>The difference produced net outflows of $57.2 million. CoinGlass\u2019s reported -599.50% spot net flow indicator describes a change in its percentage-based metric. It should not be interpreted as a 599% decline in total trading activity. The dollar figures provide a more direct comparison of exchange movements during the period.<\/p>\n<p>When cryptocurrency leaves an exchange, the transfer can reflect withdrawals into private wallets, movement between trading platforms or other operational activity. Market participants sometimes interpret sustained exchange outflows as a possible indication that investors intend to hold their coins.<\/p>\n<p>However, the reported figures do not identify the owners of the transferred assets or establish their reasons for moving them. The suggestion that Dogecoin whales are accumulating during the price decline therefore remains unconfirmed by the reported spot flow data.<\/p>\n<p>Previous blockchain investigations have identified individual Dogecoin purchases by large holders using transaction records and wallet attribution.<\/p>\n<p>For example, a July <a href=\"https:\/\/crypto.news\/dogecoin-price-nears-liquidation-after-14m-whale-buy\/\" target=\"_blank\">report on Dogecoin whale accumulation<\/a> identified purchases totaling 200 million DOGE, worth approximately $14 million, through Robinhood. The October 11 figures do not provide equivalent evidence tying the latest net outflows to specific whale addresses.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Dogecoin price falls nearly 9% as sellers remain active<\/strong><\/h2>\n<p>Dogecoin\u2019s exchange flow figures emerged during a week of declining cryptocurrency prices. CoinGecko <a href=\"https:\/\/www.coingecko.com\/en\/coins\/dogecoin\" target=\"_blank\">data<\/a> showed DOGE trading around $0.085 on October 11, down approximately 0.8% over 24 hours and 8.9% over the preceding seven days.<\/p>\n<p>The cryptocurrency had a market capitalization of approximately $13.29 billion, with roughly 156.28 billion tokens circulating. Trading volume reached approximately $330 million over 24 hours. DOGE traded between $0.08488 and $0.08650 during the latest daily period, according to the same market snapshot.<\/p>\n<p>Earlier in October, the cryptocurrency had traded closer to $0.0955 before renewed selling pressure pushed it lower.<\/p>\n<p>A previous <a href=\"https:\/\/crypto.news\/dogecoin-price-prediction-for-october-can-doge-regain-0-10\/\" target=\"_blank\">Dogecoin price analysis for October<\/a> identified $0.10 as an important level for a possible recovery, while noting the token\u2019s difficulty maintaining gains above that price. The October 5 analysis placed DOGE near $0.0955, before the subsequent weekly decline.<\/p>\n<p>At the latest quoted price, Dogecoin would need renewed buying pressure to return to that earlier trading range.<\/p>\n<p>CoinGecko\u2019s market data does not identify a single event responsible for the decline. The broader cryptocurrency market experienced selling pressure during the same period, including withdrawals from U.S. cryptocurrency investment funds.<\/p>\n<p>An October 10 <a href=\"https:\/\/crypto.news\/crypto-etfs-shed-1-29b-as-bitcoin-and-ether-lead-exits\/\" target=\"_blank\">review of cryptocurrency ETF flows<\/a> found that funds tracking Bitcoin, Ethereum, Solana, Hyperliquid and Zcash recorded combined withdrawals of approximately $1.29 billion during October 5\u20139. The figures concern investment funds holding other digital assets and do not directly measure Dogecoin exchange flows.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Can Dogecoin recover toward $0.117?<\/strong><\/h2>\n<p>Cryptocurrency analyst Giannis Andreou has identified several price levels that could determine whether Dogecoin begins recovering from its recent decline. In an October 11 <a href=\"https:\/\/x.com\/gandreou007\/status\/2109177177350570193\" target=\"_blank\">post<\/a>, Andreou suggested that DOGE could develop a recovery pattern if its price stabilizes between $0.082 and $0.087.<\/p>\n<p>According to the analyst, sustained trading within that range would provide an initial foundation for a potential rebound.<\/p>\n<p>However, he identified a move above $0.092\u2013$0.095 as the first stronger confirmation of improving market conditions. The analyst expects a successful retest of that price area to be necessary before considering higher targets. If DOGE clears the range and maintains support, Andreou sees $0.100\u2013$0.105 as the next possible area of interest.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\ude80 <a href=\"https:\/\/x.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a>: Watching this base for a recovery toward $0.117.<\/p>\n<p>Holding $0.082\u20130.087 and building a sideways range would strengthen the bounce scenario. The first confirmation is a reclaim of $0.092\u20130.095, followed by a successful retest.<\/p>\n<p>That could open the path toward\u2026 <a href=\"https:\/\/t.co\/nToZPzk2E8\">pic.twitter.com\/nToZPzk2E8<\/a><\/p>\n<p>\u2014 Giannis Andreou (@gandreou007) <a href=\"https:\/\/x.com\/gandreou007\/status\/2109177177350570193?ref_src=twsrc%5Etfw\">October 11, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Beyond that, he identified $0.115\u2013$0.117 as a conditional upside target. His scenario remains dependent on the cryptocurrency recovering through several resistance levels. The analyst warned that a decline below $0.0795 would invalidate the current technical setup.<\/p>\n<p>The targets are chart-based possibilities, not confirmed future prices or evidence that the recovery has already started.<\/p>\n<p>Earlier <a href=\"https:\/\/crypto.news\/dogecoin-price-reclaims-200-day-sma-eyes-0-092\/\" target=\"_blank\">technical research on Dogecoin\u2019s trading levels<\/a> identified liquidity around $0.092 in September, although the price and positioning data reflected conditions at that time. At the October 11 price near $0.085, DOGE remained below Andreou\u2019s first confirmation area.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Bitwise Dogecoin ETF faces October 14 trading deadline<\/strong><\/h2>\n<p>Dogecoin investors face another scheduled event as Bitwise prepares to close its U.S.-listed Dogecoin exchange-traded fund.<\/p>\n<p>According to a September 10 <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/2053791\/000119312526387903\/bwow-20260910.htm\" target=\"_blank\">filing<\/a> with the U.S. Securities and Exchange Commission, Bitwise plans to end trading in its Dogecoin ETF, ticker BWOW, on October 14. The asset manager announced the liquidation after determining that it would close the product as part of adjustments to its investment fund lineup.<\/p>\n<p>The company did not identify a single cause for the closure in its official statement. BWOW began trading in November 2025, providing investors exposure to Dogecoin through a regulated securities product.<\/p>\n<p>A September <a href=\"https:\/\/crypto.news\/bitwise-to-close-dogecoin-etf-after-10-months\/\" target=\"_blank\">report on the Bitwise Dogecoin ETF closure<\/a> noted that the fund had operated for approximately 10 months before the liquidation announcement. Under Bitwise\u2019s schedule, October 14 will be the last trading day for investors wishing to sell their shares on NYSE Arca.<\/p>\n<p>The fund expects to convert its Dogecoin holdings into cash as part of the liquidation process. Shareholders who retain their positions will receive cash based on the fund\u2019s net asset value calculated on October 21. Bitwise expects to distribute those proceeds on October 22 without requiring shareholders to submit separate redemption instructions.<\/p>\n<p>The company has warned that liquidation distributions may create taxable events for affected investors. In its official <a href=\"https:\/\/www.prnewswire.com\/news-releases\/bitwise-announces-liquidation-of-bitwise-dogecoin-etf-nyse-bwow-302875719.html\" target=\"_blank\">announcement<\/a>, Bitwise said it had coordinated with NYSE Arca to arrange the fund\u2019s closure and delisting. The filing does not establish that the upcoming liquidation caused Dogecoin\u2019s latest price decline or the reported $57.2 million in net spot outflows.<\/p>\n<div class=\"cn-block-disclaimer\">\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/crypto.news\/dogecoin-records-57m-net-outflows\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. Summary Dogecoin recorded $538.16 million in weekly spot outflows against $480.96 million in exchange inflows alone. CoinGlass figures indicate net outflows of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24287,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[23],"tags":[],"kronos_expire_date":[],"class_list":["post-24286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/24286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/comments?post=24286"}],"version-history":[{"count":0,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/24286\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media\/24287"}],"wp:attachment":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media?parent=24286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/categories?post=24286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/tags?post=24286"},{"taxonomy":"kronos_expire_date","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/kronos_expire_date?post=24286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}