The ownership of Dogecoin has transferred: as the price drops and the number of whales decreases, who will take control now? As the cryptocurrency market experiences another period of turmoil, there has been a major change in the ownership structure of Dogecoin. The latest data shows that the main holders of Dogecoin (those holding more than 0.1% of the total supply) are reducing their positions. The reduction in positions by these whales has been ongoing over the past year. Specifically, the share of Dogecoin controlled by these large investors has decreased from 45.3% to 41.3%. This trend suggests that ownership may be decentralized, or there may be a strategic shift in the holdings of larger investors, perhaps in response to market conditions or broader cryptocurrency trends. Meanwhile, the holdings of major stakeholders are decreasing, while those of retail and mid-sized investors are increasing. These small investors seize the opportunity to accumulate more Dogecoin, increasing their collective holdings in the total supply. The redistribution of Dogecoin holdings may indicate an increasingly democratized investment pattern for this particular cryptocurrency. As more individuals and small investors become important stakeholders, the market's dynamic response to news and events may change, potentially leading to increased market stability or different fluctuation patterns based on the trading behavior of these new majority holders. Meanwhile, the divergence of Dogecoin holdings stands in stark contrast to the current market situation, with the price of Dogecoin dropping nearly 10% to $0.211 in the past 24 hours. This decline is part of an overall market downturn, with cryptocurrency values falling 12.5% in the past week and market capitalization dropping below $18 billion. The downward trend in Dogecoin prices has had a significant impact on traders. According to data, 165,199 traders have been liquidated in the past 24 hours, resulting in a total liquidation amount of 459.04 million dollars. Only dogecoin traders face losses of about $61.89 million. Clearing in the cryptocurrency market refers to the forced closure of leveraged positions due to the partial or total loss of the trader's initial margin. This occurs when they are unable to meet the margin requirements for the leveraged position. Despite the prevalent bearish trend, the sentiment is not universally negative. The report suggests that people's sentiment towards Dogecoin has declined, indicating that the current low price may provide buying opportunities for patient investors. This view is consistent with the observations of market analysts, who see the potential for recovery. In particular, Trader Tardigrade, a renowned X cryptocurrency analyst, described the 'spoon pattern' in Dogecoin price movements, indicating a potential bullish trend. Meanwhile, cryptocurrency analyst Javon Marks predicts that Dogecoin will experience a significant pump. Based on historical performance, he expects the price to skyrocket and foresees a bright future for Dogecoin, which is currently at a low point. (Data source: Samuel Edyme)

According to a report by Nantong.com on October 22, the reporter learned from a press conference held by the Nantong Ecological and Environmental Bureau that Nantong took the lead in exploring the use of AI (artificial intelligence) technology to achieve all-weather monitoring and protection for rare and endangered birds such as spoon-billed sandpipers, black-faced spoonbills, and cygnets.