Large Dogecoin Holders Sell 3 Billion DOGE as Price Falls 43%

Large Dogecoin holders have sold over 3 billion DOGE tokens worth approximately $520 million in the past 30 days, on-chain data show. The selloff occurred as DOGE's price dropped from $0.30 in September to $0.17, marking a nearly 43% decline. Wallets holding between 10 million and 100 million DOGE distributed the tokens during October's volatile market conditions.