Dogecoin Whales Quietly Stack More Coins as Prices Dip
Dogecoin has rebounded to $0.211 after falling nearly 16% from its recent peak, with analysts pointing to strong whale accumulation as a bullish signal.
On-chain data shows large transactions above $100,000 hitting a five-month high in August, while the number of wallets holding 1–10 million DOGE climbed to 4,288. Experts say this activity reflects long-term positioning beyond hype, bolstered by news that Trump-linked Thumzup is acquiring a Dogecoin mining company and optimism around a potential spot Dogecoin ETF.
Clever Robot News Desk 27th August 2025
