Over 310M $DOGE In 48 Hours: #DOGECOİN Whales Are Massively Buying the Dip. While some panicked over the recent correction, Dogecoin whales are leveraging the dip to acquire the prominent memecoin at a lower price. Aside from a broader bearish market trend, a recent analysis suggested that the Dogecoin dip is simply a retest of a 146-day ascending channel from which it recently broke out. Dogecoin whales appear to share this sentiment, evident in the massive accumulation. Market expert Ali Martinez highlighted this accumulation disposition in the past two days, following DOGE’s ongoing dip. In a tweet, he shared that large Dogecoin whales have swallowed up 310 million DOGE, worth over $73 million at the current market price. Notably, this buying spree came from one of the largest Dogecoin whale categories, specifically those holding between 100 million and 1 billion DOGE. An accompanying chart highlights a spike in acquisitions from July 17, followed by a consistent accumulation over the past 48 hours. These whales now hold 25.42 billion DOGE worth billions of dollars following the recent purchases. Notably, this type of accumulation, especially after a brief profit-taking dip, sparks positive sentiment around a project and usually precedes a price rebound.
