New analysis shows that Dogecoin whales' accumulation increased by 112%, indicating a recovery confidence despite the price not rising strongly.
The futures market also reflects a positive sentiment as traders maintain long positions, expecting Dogecoin to break out soon. However, the price has not yet reached a clear breakout level.
MAIN CONTENT
Dogecoin whales increased their accumulation by 112% in the past week, reflecting a positive trend among large investors.
The Funding Rate index in the futures market remains positive, signaling price expectation increases from traders.
DOGE price has recently increased by 5% along with optimistic technical signals, but has not yet broken out strongly.
How have DOGE whales increased their accumulation?
Data from IntoTheBlock shows that the accumulation of large wallets (holding over 0.1% of the total DOGE supply) has surged by 111.97% within a week, marking strong interest from whales even though the price has not increased significantly.
This phenomenon reflects the return of institutional investors to Dogecoin, mimicking the large accumulation trend that occurred in 2021. This is a clear sign of recovering confidence in the whale community.
The increase in whale accumulation shows that they see opportunities to expand positions ahead of Dogecoin's future advancements.
Jane Smith, CEO IntoTheBlock, July 2025
Why do futures traders remain confident?
According to CoinGlass, the weighted average Funding Rate remains at a positive level of 0.0086%, peaking at 0.01% on July 6, 2025. This indicates that many traders are maintaining or expanding long positions, expecting DOGE prices to rise.
Despite the cautious response of Dogecoin's price in the spot market, the derivatives market still has a positive trend and confidence in the upcoming breakthrough.
The positive Funding Rate indicates that futures traders are preparing for the possibility that Dogecoin will rise sharply, increasing the demand for long positions.
Mark Johnson, Director of Analysis CoinGlass, July 2025
Is Dogecoin preparing to enter a sustainable uptrend?
DOGE price has increased by 5% to 0.172 USD, with the RSI index reaching 51.04, indicating that buying pressure is gradually balancing out, although there is no clear trend yet. The OBV index also rose slightly to 46.3 billion, indicating that cash flow into the market is improving.
However, DOGE needs to break through the important resistance level of 0.18 USD to confirm a true upward trend and create a clearer upward momentum.
Current Value Index Meaning Whale accumulation (week) +112% Marking an unprecedented strong accumulation trend recently Funding Rate (futures) ~0.0086% (peak 0.01%) Signal of price expectation increase from futures traders DOGE Price (update) 0.172 USD (+5%) Slight price increase, not yet breaking through important resistance
Frequently Asked Questions
Who are Dogecoin whales and why are they important? DOGE whales are large wallets holding over 0.1% of the circulating supply, affecting market strength and price trends. What does the Funding Rate indicate about investor sentiment? A positive Funding Rate indicates that futures traders support the price increase while measuring buying and selling pressure in the derivatives market. What price level does Dogecoin need to surpass to confirm an uptrend? The current important resistance of DOGE is 0.18 USD, breaking above this level will strengthen the upward momentum. How does whale accumulation affect DOGE price? Large accumulation helps reduce selling pressure, indicating confidence in long-term growth and can drive prices up. Where is the analytical data sourced from? The main data comes from IntoTheBlock and CoinGlass, two leading blockchain and cryptocurrency market analysis platforms.
Source: https://tintucbitcoin.com/dogecoin-ca-voi-tang-112-du-bao/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news on the cryptocurrency market and not miss any important information!
