Exchange Outflows Signal Accumulation and Supply Squeeze

According to CoinGlass , nearly $23 million in DOGE has exited exchanges in recent weeks, marking one of the largest cumulative outflows of 2025. Historically, such outflows indicate accumulation by long-term holders rather than short-term profit-taking.

With less liquidity available on exchanges, upward price reactions to demand spikes could become amplified. As top meme coins like Shiba Inu and Pepe consolidate, Dogecoin’s reduced exchange reserves enhance its position as the dominant meme coin.

Moreover, the 21Shares DOGE ETF (TDOG) was recently added to DTCC, signaling growing institutional interest in meme coin-linked products. This development mirrors the pattern observed before previous meme coin rallies led by Dogecoin

See Full Page