Dormant Dogecoin wallet wakes up with 10 million move ahead of ETF launch

A long-dormant Dogecoin ( DOGE ) wallet has stirred after nearly two years, moving a significant amount of assets amid speculation over a possible spot exchange-traded fund ( ETF ) for the token. On-chain analysis shows that the wallet transferred over 10.3 million DOGE, worth about $2.25 million, after sitting inactive for almost two years, according to data from Arkham , retrieved by Finbold on September ￰0￱ whale transfers.) is considering new listing standards that could streamline approvals for single-asset crypto ￰1￱ adopted later this month, the rules could open the door to additional products tied to tokens like Solana and ￰2￱ price analysis As of press time, DOGE was trading at $0.22, up 2.5% in the last 24 hours, and about 3.5% higher over the past ￰3￱ seven-day price chart.) sits at $0.224, just above the current price, signaling near-term resistance before confirming stronger upside momentum.

However, the longer-term 200-day SMA stands at $0.198, keeping DOGE above its broader trend support and hinting at sustained bullish momentum. Meanwhile, the 14-day RSI at 47.82 indicates neutral conditions, neither overbought nor oversold, suggesting DOGE still has room to move in either direction without being technically ￰4￱ image via Shutterstock