NO ONE IS SELLING $DOG (Off-Chain vs On-Chain Proof) 🧠

本站添加: 2026-05-30

[00:00:08]What's up everybody? My name is Vincent.

[00:00:09]Welcome to Crypto where we talk about everything under the moon in the crypto universe. Today's Thursday, May 28th.

[00:00:14]Now, in today's dog video, I want to talk about what happened in the overall crypto market because we just saw that Bitcoin took a massive dip from roughly 74,000 yesterday as low as around 72,000 as of this morning. So, we just saw many altcoins, memecoins in the entire crypto market shed roughly 5 to even 12% in their price point, but nothing has changed about dog. And I want to compare dog to other meme coins. And also share with you even on chain that no one is selling dog. In fact, I actually caught some suspicious activity regarding bit and how it's connected to these Binance linked wallets just transferring funds back and forth and that's it. That's all that's happened. No one is selling. So, while you're seeing the price of dog dip, just like the rest of the crypto market, we always focus on data because data removes emotions. And data is what traders and most of the top 1% use in terms of being ahead of the market. They don't use emotions. So, let's talk about this. I want to dive deep into it. Let's not waste any time. Smash the like button, subscribe to the channel. Don't forget to join us on X. Please be careful with an scammers down in the comments below. I'll never reach out WhatsApp, Telegram, direct messaging, or email. So, please be careful and invest safely, guys and girls. Let's get right into it. Okay, so we're going to look into the percentage of how do perform against other mean coins in just a little bit. Let's go and focus on how the trading volume is. You see that right now $2.16 million in trading volume. That's obviously a lot of sells and buy orders. This typically happens when there's ever volatility in the market. You'll see that most of the trading volume on your altcoin or memecoin will go up substantially just because there's a lot of trading activity. So you can see that Kraken's at 383, Gates at 303, and Bit at 277, which I cannot wait to talk about. So let's see why it dipped. It's because Bitcoin took a dip. As I mentioned, right now, Bitcoin's at 73,000 US, down 5.41% over the past 7 days. Now, we're going to talk about the past 7 days and why that's really important, especially for the memecoin sector. I want to talk about the liquidations, though. First, look at the amount of liquidations that have occurred within the entire crypto market. roughly around $87 million in long liquidations in the past 24 hours.

[00:02:20]This is including every single cryptocurrency out there, not just Bitcoin. So, that's obviously going to affect every memecoin as well. I mean, just look at the memecoin sector. It's all down. Now, most likely you're going to focus on the past 24 hours, but also pay attention to the past 7 days, which we'll do for both. So, Pudgy Penguin's down roughly around 5 to 6%, 24 hours down 7 days, 16%. Same thing with Bonk.

[00:02:43]Bonk is down 5% past 7 days, down 11%.

[00:02:47]Now, let's look at SPX6900. Down 5% over the past 24 hours, down 16% over the past 7 days. Uh, let's go and go over to where do Bitcoin is roughly down 4.94% in the past 24 hours. Down 16% over the past 7 days. So right now over the past 7 days, Bitcoin, Brett, you can expect also Ches, Fartcoin, Faky, S&P, we also have the Trump token, Pudgy Penguins, even Pepe's down quite a bit in the double digits. So it's not just limited to dog, it's the entire crypto sector.

[00:03:22]Now before we talk about any suspicious activity that I found on chain, check this out. So over the past 7 days, have you noticed that dog has actually had the most engagement compared to Pangu and also SPX? It's no surprise, right? I mean, the thing is, if you follow a leader such as the cult narrative or VC backing where this team will literally pay for marketing just to get people to change their profile picture and to make it seem like they're developing products or to get people to engage. There's really no community there. If you look at Dog, there is no team member. There is no potential leader that's going to lead you to Valhalla. It's just a massive community working together, focusing on the data because the data is what helps these people understand why they need to hold during really volatile markets like we are in right now. With that said, I do want to talk about the suspicious activity. Now, now you do know that dog has a wrap version of itself on Salana. And if you paid attention to the top holder, so the number one holder is mine bridge, which is a bridge wallet between Bitcoin L1 to Salana. So if you ever buy Dog on Salana, the Minebridge number one wallet is going to help allocate those tokens to your portfolio. But the actual top holder who is wallet number two, the top holder of Dog, I just found out and did some onchain research. Apparently, this wallet was activated only 63 days ago.

[00:04:39]That's like 2 months ago, so it's actually fairly new. Now, this wallet, by the way, is created by Fireblocks Custody. Now, if you don't know what Fireblux is, it's basically an institutional-grade digital asset custody infrastructure used by exchanges, market makers, even large entities and funds to store crypto. Now, what's really interesting is that this is its sixth largest asset, dog. And what I've noticed is that it's had a lot of transactions within Binance, not Binance or Hot Wallet, just the Binance regular deposit wallet. They've roughly had over 339 transactions between this wallet and the Binance deposit wallet. And just an hour ago before I had posted this, it had another transfer of USDT from that wallet over to Binance. Now, what you do need to keep in mind is that this specific wallet right here has been accumulating non-stop. So, at the time of this recording or time of the screenshot, they had 84 buys and only eight sells. And the eight sells was roughly around 1.5 million dog. It's what, like $1,500, not even $1,500. It's like $1,300. So, it's $1,300 roughly, give or take. So, it's not really that much, but it continues to accumulate. I can even tell you that today, I just saw over the past 24 hours, it is still accumulating. It's not selling. There's no sell orders. So, this wallet is tied to Binance suspiciously, right? Created just 63, actually now 64 days ago, just 2 months ago. This is nuts. I just can't ignore something like this. This is something that to me ties into what we're seeing here today. So this image I want to share with you as of this morning. So as much as you saw all the volatility, we did see dog get around to 61 million mark cap really quickly but was quickly absorbed meaning there's a lot of order books fulfilling those orders and people buying in. Now the reason that's important is that if you focus on the left hand side I'm going to go ahead and do a zoom shot here. Now the top wallet that saw massive inflows was market maker number two ending in tac and guess who was pretty much having outflows? It was bit. Also there's gate.io. IO, but more significantly it was Bit. Bit withdrew over 84 million dog tokens onchain. This is different from offchain and I'll talk about that later. So when you see this amount of outflow onchain, guess what? It was tracking to not only market maker number two, but also intermediary wallet number two and also two other whale wallets such as 00 ly 4 and 0xu.

[00:07:05]Now, what you'll notice is that these wallets, market maker number two and intermediary wallet number two are connected to Binance, and they're also in charge of transferring funds back to whale wallet number 31 and whale wallet number 23, which is the basically the blue and the purple squares. And basically, all the transactions that you see coming from bit are going to all these different wallets right here.

[00:07:25]Isn't that very suspicious? Now, I want to go to the right side. Now, what have you noticed on the right side? The long-term holders remains at 80.9%. So basically there's only like a 0.09% difference between what we saw yesterday cuz yesterday it was 81%. Today it's 80.9%. So not much of a change. So what happened in the past 24 hours? What have you noticed between yesterday and today?

[00:07:50]I have to notice what happened between the top 10 to the top 50 and even how it switched over to the top 100. So you'll notice the difference between the top version and the bottom version. But let's focus on the bottom version.

[00:08:00]Basically, what you saw was the top 50 wallets allocated 0.05% to the top 100 whale wallets, which was the top 50 through 100. So, the top 10 and also the top 11 through 50 just like moved funds over here to the top 50 to 100 wallets. You just saw whale wallets like this have smaller allocations and just move it over to these other dog reserve wallets. So, basically, in a nutshell, nothing really changed.

[00:08:25]Basically, all you did was just see funds move around on chain. you're actually not seeing anybody sell dog.

[00:08:30]So, when you look at the volume that's happening right here on these exchanges, this is happening offchain. You're not actually seeing all those tokens transfer over to these off-chain exchanges to sell off. It's not happening. In fact, you saw Bit had outflows. And this is why we need to talk about Coin Market Cap cuz how does Coin Market Cap price in things? Well, basically, you need to understand that platforms like Coin Market Cap aggregate pricing through liquidity flow through these exchanges. So in low liquidity conditions like we what we're seeing now, coordinated wallet activity and aggressive market cells on small order books can temporarily distort and perceive the market sentiment without reflecting true onchain holder conviction. So that's why there's a difference between off-chain and onchain. Onchain people are holding, no one's selling. Even the Binance linked wallets are not selling. You even saw the Solano wallet that was created or at least linked to Binance. It's not selling. It's accumulating. So don't be fooled by what's going on. And you just saw the only reason Dog dipped today is because the entire memecoin market dipped. The entire crypto market dipped because Bitcoin took a dip. So don't fall for what you're seeing in terms of price. Cuz emotional people will only focus on price and saying, "Hey, I told you that dog was going to go down, yada yada yada." These people never focus on data. They only use their emotions. And if anything, they're probably illiterate. They don't actually know how to use the technical data or the technical tools to look at this onchain stuff. So they just use their emotions to kind of have outbursts. And I've seen this happen with people talking about Cardano, SPX, even Pangu for that matter. I just noticed this happening on crypto Twitter. So just ignore these people. They're the ones that are in the 99%. So what are the 1% doing? The 1% use data. They don't use emotions and they end up buying the dip. So we got to give a shout out to Greggy, Cryptonite, Ian, Hov, Beta, Jip, Roder, Argentinian Dog. We also have Thyman and Dog Damasa.

[00:10:14]This is how the 1% operate. So ladies and gentlemen, that's everything in a nutshell. You already know that I'm very bullish on Dog. The reason I share with you data about dog on a daily basis is because dog is by far one of the strongest communities out there. Just like what you saw in terms of community engagement on X, but you need to see data. Data helps you understand where the market's going, where Dog is going, who's actually doing things behind the scenes. And this is something that other communities don't offer. They don't have people doing this because I guess people aren't as experienced. But again, I even taught myself how to do this and you can too. And if you thought Dog took a hit today, look at Ory. 40 lost 12% today.

[00:10:50]Look at that sharp dip. So don't be fased. See, that's the best thing about dogs is that it's free and fair. There is no allocations to exchanges. There is no allocations to whales. This is all free and fair air drop. And that's why I love this specific token. The best thing about dog is that it's free and fair.

[00:11:05]Airrop is an amazing model that other communities can look at and say, you know what, we got to do something like this. But I'm sure there are powerful forces out there that don't want to see dog be successful. Who knows who that may be? But nonetheless, the dog army you cannot shake out regardless and the dog army is going to consistently be here every single day. So by ending this video, I want to thank our sponsor C2 Blockchain and Trucker Biff. Make sure to smash up that like button, subscribe to the channel. Don't forget to join us on X receive all of our alpha calls and updates growing dog and moon. Till then, see you guys girls next