How 270M Dogecoin Whale Buying Spree Hints at Near Price Bounce | Bitcoin

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Dogecoin whales are buying the dip, with a recent accumulation trend signaling a potential end to the ongoing price downturn.

Over the past week, the crypto market has been thrown into uncertainty as the Federal Reserve doused liquidity projections for 2025.

Among the worst-hit assets in the ensuing rout is the leading doggy-themed meme coin, Dogecoin (DOGE), which fell as much as 34% from highs of $0.39639 to lows of $0.26216. Despite the bloodbath, one class of investors appear to have remained confident about DOGE’s prospects.

Dogecoin Whales Make a 270M DOGE Splash

In an X post on Tuesday, December 24, prominent crypto analyst Ali Martinez shared Santiment Feed data suggesting that whales with holdings between 10,000,000 DOGE and 100,000,000 DOGE had accumulated 270 million coins worth approximately $90.4 million at current prices over the past four days.

Santiment Feed Chart…more

Source thecryptobasic.com

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