Dogecoin Whales Go Ham As They Buy 560 Million DOGE In One Week

Name	Symbol	Market	Market Cap ($)	Algorithm
Dogecoin	DOGEUSD	Crypto	44,180,721,691	Scrypt

Name

Symbol

Market

Market Cap ($)

Algorithm

Dogecoin

DOGEUSD

Crypto

44,180,721,691

Scrypt

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.00709	-2.30%	0.301	0.30099	0.301

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.00709

-2.30%

0.301

0.30099

0.301

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.31481	0.29684	0.30747	0.30809	0.077290 - 0.484640

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.31481

0.29684

0.30747

0.30809

0.077290 - 0.484640

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	07:11:16	4.00	0.301	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

07:11:16

4.00

0.301

USD

Price x Volume	Volume	Base Symbol	Related Pairs
48,857,751.43	160,713,096.12	DOGE	DOGEEUR	DOGEGBP	DOGEBTC

Price x Volume

Volume

Base Symbol

Related Pairs

48,857,751.43

160,713,096.12

Dogecoin Whales Go Ham As They Buy 560 Million DOGE In One Week

02/02/2025 2:00am

NEWSBTC

Dogecoin whales are making moves again, scooping up a whopping 560 million DOGE tokens in just one week, as market conditions become more favorable. This large-scale purchase underscores the renewed interest and growing confidence in Dogecoin’s future potential. As demand surges, crypto community members ponder the reasons behind the massive accumulation and the impact on the price of Dogecoin. Related Reading: Dogecoin Open Interest Climbs To $4 Billion Again After Market Rebound Dogecoin Whales Gobble Up 560 Million Tokens Dogecoin‘s biggest players are back in action, as reports from crypto analyst Ali Martinez reveal that these deep-pocketed investors, often called “Whales,” have been aggressively adding to their Dogecoin holdings. Whale transactions, typically defined as transfers exceeding $100,000, have risen lately, suggesting strategic accumulation among investors. Martinez disclosed in his X (formerly Twitter) post on January 31 that Whales have accumulated 560 million DOGE tokens in one week. This significant Whale activity comes after the market experienced a deep selloff, with many investors opting to liquidate their bags for profit due to bearish market conditions. Following its explosive surge in December, Dogecoin has been struggling to reclaim previous price highs and spark a rally past its ATH of $0.74. The cryptocurrency had risen above $0.4 initially, triggering excitement amongst analysts as multiple bullish predictions spread the market. After this significant price increase, the Dogecoin price declined towards the $0.3 zone and has been attempting to break resistance levels ever since. Due to bearish pressures and unexpected declines, the market experienced an intense sell off. However, now, Dogecoin whales seem to be diving back into the market with vigor, gobbling up as many DOGE tokens as possible. Just before Donald Trump’s Presidential inauguration, Martinez reported in another X post that Dogecoin whales had initiated a monumental transaction, acquiring a whopping 1.83 billion DOGE tokens within 48 hours. This massive buying spree has caught the attention of crypto community members, with many pondering the impact of these large-scale transactions. Notably, a crypto member, Mohd Atif, had commented on the recent rise in whale activity, highlighting that these Dogecoin Whales may possess insights into the meme coin’s future price trajectory, as a surge in accumulation often shows increased confidence in a cryptocurrency’s potential. The crypto member went on to predict that a $1 price leap for Dogecoin, possibly driven by the activities of these large-scale investors. Analyst Predicts ‘Massive Rally’ For Dogecoin Price While Dogecoin Whales are buying up more tokens, the price of the meme coin is getting ready for a potentially massive rally. Crypto analyst Trader Tardigrade shared a distinct price chart, highlighting past trends when Dogecoin experienced a rally to new highs. Related Reading: Trump Effect? Solana Stablecoin Supply Jumps 73% Since Mid-January In 2017, the meme coin skyrocketed to its highest level, experiencing a similar upward surge in 2021 during the previous bull run. With the 2025 bull market already ongoing, Trader Tardigrade believes that the Dogecoin price could have a repeat of historical trends and potentially surge to a new ATH target of $3.8. Featured image from Pexels, chart from TradingView

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DOGEUSD Dogecoin