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3h ago

Whale Accumulation Injects $500M into Dogecoin Without a Price Breakout

On-chain data show major wallets have added two billion DOGE in a tight supply-demand corridor poised for either a breakout or sell-off.

DOGE sees massive accumulation — Will it be enough for an all-time high?
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Overview

  • Santiment data reveal wallets holding 100 million to 1 billion DOGE each scooped up about 2 billion DOGE worth $448–480 million over the past week.
  • CoinGlass metrics report roughly $32 million in spot-market net inflows, bringing total liquidity injection to just over $500 million.
  • The token has underperformed recent crypto rallies with a 3% drop against new highs in Bitcoin and Binance Coin.
  • Liquidity charts place DOGE between a lower demand zone and an upper supply zone that could amplify price swings when tested.
  • Market commentary views the liquidity structure as high-leverage, noting that a whale-driven breakout is possible or testing the upper supply zone may trigger a heavy sell-off.