Movement of $DOGE on the market might be explained with these massive transactions on the network
What we are witnessing here could be the distribution of funds among whales, which is not unusual. However, the movement of funds from the first biggest address to the fifth might hint at the fact that those wallets are owned by the same entity.
Neither address is stale and both constantly make various transactions, which might indicate that at least one of the addresses is tied to some trading or OTC platform that uses the wallet as an operational tool.The occurance of massive transactions on the market while the price of the meme coin is tumbling is a bearish sign as massive transfers are usually tied to selling operations.
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