A wave of whale transactions and rising holdings suggests something bigger may be unfolding behind DOGE’s latest price surge.
After a period of relative calm, the OG meme coin, Dogecoin (DOGE), has surged even as other top crypto assets have pulled back from gains.
Interestingly, Santiment revealed Dogecoin whale activity has surged to a six-month high.
DOGE Whales Make Their Move
On-chain data recorded 739 transfers of more than $100,000 in a single day. Among 149 wallets holding at least 100 million DOGE each, total holdings have reached an all-time high of 108.52 billion DOGE, which is worth around $11.6 billion.
This uptick in large transactions comes alongside a 14% increase in Dogecoin’s price over the past 10…
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Source cryptopotato.com
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