Whales hoard 2 billion Dogecoins, technical indicators show a golden cross! Dogecoin may be on the verge of a breakthrough rise!
Whale accumulation activities are intensifying, indicating that Dogecoin may soon experience a significant breakthrough.
Market analyst MattMax pointed out that since the beginning of August, whales holding over 100 million DOGE have increased their holdings by 680 million tokens, with an increase of 2 billion tokens last week alone, valued at up to 450 million dollars, bringing whale holdings to their highest level since the end of 2024.
Therefore, whales are actively accumulating Dogecoin, raising their holdings to the highest level in months.
Combined with the golden cross and the continuously decreasing supply on exchanges, this could signify a key bullish turning point for DOGE.