Whale bought 900 million DOGE in four days, worth 250 million dollars.

The actions of DOGE whales are quite aggressive. Santiment data shows that wallets holding between 100 million to 1 billion DOGE increased their holdings by 910 million over four days from September 15 to 19, worth over 250 million USD. Total holdings increased from 26.48 billion to 27.39 billion. The timing was very precise, entering the market just as DOGE found support at $0.26, a typical bottom fishing.
This scale of accumulation is a strong bullish signal, reducing the circulating supply and reflecting the confidence of smart money. During this period, DOGE rose from
The price rose from 0.26 to above 0.28, an increase of nearly 8%. Interestingly, addresses holding 10 million to 100 million are actually reducing their holdings, indicating that this round is led by large holders. This resonates with the bullish flag technical pattern, with a target price of $0.41, representing a potential increase of 46%.
The large-scale buying by whales is an early bet on a technical breakthrough. Coupled with the launch of the first DOGE ETF(DOJE), the combination of institutional and whale interest is very strong. Analyst Trader Tardigrade mentioned that the weekly chart has broken out of a symmetrical triangle, potentially hitting an all-time high, even seeing $1.7. #doge#