2026-01-02 15:23:22

DOGE/USDT Perpetual Contract just experienced a dramatic fluctuation — trading volume surged 5 times within just 10 minutes.

The data immediately caught attention: nearly $734 million in trading volume over the past 24 hours, with an 8.21% price increase. What is usually behind such a sudden change?

A surge in trading volume often indicates two possibilities: one is retail investor sentiment being ignited, leading to a sharp increase in trading activity; the other is that large funds are quietly positioning, with single large trades triggering chain reactions. Sometimes, important market news, policy announcements, or even a key timing point can be enough to trigger such movements.

It is worth noting that a leading exchange’s contract trading comprehensive ranking has long maintained a top position globally, indicating that trading depth and activity remain at industry-leading levels. In such a market environment, this volume anomaly in DOGE is even more meaningful — is it institutions testing the waters, or is market sentiment truly shifting?

DOGE12,63%

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ETHmaxi_NoFilter

· 9h ago

10-minute 5x trading volume? It’s definitely another whale causing trouble, with retail investors following the trend to buy in.

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PriceOracleFairy

· 9h ago

volume spike but where's the catalyst... smells like whale testing liquidity again ngl

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airdrop_huntress

· 9h ago

It's DOGE again causing a stir, with 5x trading volume in 10 minutes... Honestly, this pace is a bit intense. I don't know if retail investors are collectively going crazy or if some whale is secretly eating up the market. An 8.21% increase doesn't seem huge, but attracting this much volume is quite interesting. Either there's big news or the main players are testing the market, waiting for a reverse dump.

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WalletWhisperer

· 9h ago

10-minute 5x trading volume? That must be big players dumping, how can retail investors create such a scene? DOGE is trying to play us again? Haven't we learned enough from the last lesson? The 734 million trading volume indicates what? It's just institutions accumulating, a typical attempt to test the market. I just want to know if this surge is a real breakout or if we're about to see a spectacular dive, betting on morning tea profits to test. With such explosive volume, either there's big news or it's purely hype, no third option. Wait, is it a bit late to enter now...

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SadMoneyMeow

· 9h ago

Wow, it's happening again. Is DOGE acting up? 5x trading volume in 10 minutes... How many people are going all-in? Institutions or retail investors? Honestly, I can't see through it either, but my account balance definitely sees through it — I lost again.

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