Dogecoin Whales Make Big Moves Amid Market Slump
TL;DR
Dogecoin whales have significantly increased their holdings by purchasing 700 million DOGE (worth approximately $113 million) over the past three days, despite a slight decline in the cryptocurrency's price. This accumulation has raised their control to about 21.4% of the total circulating supply, indicating a potentially bullish outlook. In contrast, Shiba Inu has seen large deposits to centralized exchanges, suggesting possible selling activity.
- Dogecoin Whales Just Went On A 700M DOGE Shopping Spree Bitcoinist
- Trader Buys 2M Dogecoin Call Options as Meme Coin Market Heats Up CoinDesk
- 90 Million DOGE Tokens Suddenly Leave Robinhood as Price Slips 3% U.Today
- Trader Says Large-Cap Memecoin Could Surge by 140%+, Updates Outlook on Solana, Chainlink and One Ethereum Rival The Daily Hodl
- Dogecoin (DOGE) Price Drops 4% Amid Meme Coin Slump, What’s Behind The Underperformance? CoinGape
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