60.9 Billion Dogecoin in 24 Hours, DOGE Whales Back in Action

Cover image via U.Today

Dogecoin (DOGE) experienced a 41% surge in activity over the past 24 hours, driven by continued large-scale transactions from DOGE whales. IntoTheBlock data reveals these whales moved over 60 billion DOGE during this period.

Whale Activity Reaches Seven-Day High Amidst Market Uncertainty

A total of 60.9 billion DOGE changed hands, marking a seven-day high for the meme coin. This contrasts sharply with the seven-day low of 12.97 billion DOGE. This significant increase in whale activity suggests a potential shift in market sentiment and price outlook. The sudden surge hints at whales positioning themselves for future action.

The lower transaction volume earlier in the week (12.97 billion DOGE) indicates a period of relative inactivity from large holders. The recent spike, however, suggests a more aggressive accumulation or selling strategy. Previous：Without Next：Without