Dogecoin Whales Buy 270 Million
Dogecoin Whales Buy 270 Million DOGE
The latest drop in DOGE could have led to a massive liquidation, but Dogecoin whales have taken advantage. These whales are now buying Dogecoin in huge quantities, with the latest transaction being 270 million. They see the drop as an opportunity to enter the market cheaply.
The recent drop in Dogecoin’s price has prompted wealthy investors, known as “whales,” to buy additional coins. On Tuesday, prominent cryptocurrency researcher Ali Martinez revealed on the X platform (formerly Twitter) that Dogecoin whales have acquired 270 million DOGE in five days.
This massive 270 million DOGE purchase is part of a broader accumulation trend across the meme coin network. Martinez has seen whales acquire hundreds of millions of DOGE throughout the drop since November.
