Dogecoin Whales Are Accumulating: Is A Breakout Imminent?
Dogecoin DOGE/USD is catching attention from large holders as on-chain data shows a notable surge in whale accumulation. CryptocurrencyPrice Market Cap24-Hour Trend7-Day TrendDogecoin DOGE/USD $0.1570$23.4 billion-5.6%+3.4% Shiba Inu SHIB/USD $0.00001193$7.03 billion-3.7% +6.2% Pepe PEPE/USD $0.057240$3 billion-5.9% +17.4% Trader Notes: Crypto chart analyst Ali Martinez predicts Dogecoin is prepping for a big week. He marks a close above $0.17 could trigger a rally to $0.21 or even $0.29, as long as it holds the key $0.13 support. Trader Tardigrade noted that the meme coin is making a false break for first time since December 2024. He added that DOGE is holding above support for several days, potentially signaling the start of a new bull run. In another X post, he stated that Dogecoin is final stage of pullback and the MACD and RSI indicators are showing the same signals as in the last stages of previous pullbacks. Statistics: Martinez noted that whales accumulated more than 800 million DOGE in the past 48 hours, raising curiosity among traders if the whales know something that the market does not know. Bitinfocharts data shows addresses holding 100 million to 1 billion DOGE increased, but liquidations in the past 24 hours stand at $2.83 million, with the majority ($2.38 million) being long liquidations. Read Next: Dogecoin Up 1%: Is This A ‘Healthy Bottom’? Image: Shutterstock Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.