DOGE Rises 5.6% on $200M Whale Accumulation Despite Late-Session Selloff.
Whale accumulation remained a key driver, with over 1B DOGE (valued at ~$200M) acquired in recent sessions. Large-holder ownership now approaches half the circulating supply, underscoring institutional confidence despite intraday volatility.
What Traders Are Watching:
• Retest of $0.238 resistance for breakout continuation
• Stability of $0.232-$0.220 support band on further profit-taking
• Persistence of whale accumulation flows in coming sessions
• Impact of broader market volatility on meme coin positioning