Dogecoin whales have accumulated over 525 million DOGE in the past four days, despite ongoing market volatility. According to crypto analyst Ali Charts, whale holdings increased from 18.31 billion to 18.93 billion DOGE, indicating a steady accumulation trend rather than isolated transactions. This activity has drawn significant market attention, as traders speculate on potential major moves by large investors.
During this period, Dogecoin traded near $0.105, with indicators showing a slight cooling in momentum. The Bollinger Bands suggested a pullback after testing resistance at $0.115, while the Relative Strength Index dropped towards 48, indicating reduced buying pressure. Despite this, DOGE maintained a position above the lower Bollinger Band at $0.102, a key support level, reflecting a broader upward trend compared to April's trading levels.
Dogecoin Whales Accumulate 525 Million DOGE Amid Market Volatility
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