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Dogecoin price dips 7.84% despite $57.2M net outflow from exchanges, signaling weak buying demand.

Market News
11 Oct 2026
CryptoTicker
View Source
Bearish
Dogecoin price dips 7.84% despite $57.2M net outflow from exchanges, signaling weak buying demand.

Dogecoin's price fell 7.84% over the past week to $0.0868, even though a net $57.2 million worth of DOGE left exchanges, a metric usually seen as bullish. The large inflows and outflows nearly balanced out, indicating the net outflow is a minor factor relative to Dogecoin's $13.57 billion market cap. The price decline suggests that outflows alone don't drive price without strong buying demand. Key price levels to watch are $0.0840 support and $0.0890 resistance. The Bitwise DOGE ETF is closing soon but is too small to impact these flows. Investors should consider custody costs and tax implications when moving DOGE off exchanges.

While Dogecoin's price dropped 7.84% over the past week, on Pluang it trades slightly up by 0.26% at Rp1.543 as of Oct 12, 2026 04:41 WIB. Despite the recent $57.2 million net outflow from exchanges, Dogecoin maintains a strong market cap of Rp267.35 trillion and a high 24-hour volume of Rp8.47 trillion. Pluang order activity shows a majority of 62% sell orders against 38% buy, with typical hold time around 110 days, highlighting a contrast between short-term price moves and ongoing trading interest.

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