Here’s How Much Dogecoin Whales Bought In Only One Week
Dogecoin has witnessed a strong uptick in whale accumulation this week, with massive traders aggressively rising their holdings. On-chain analytics platform Santiment reveals that wallets holding between 100 million and 1 billion DOGE have ramped up their balances this week, which is among the most notable shopping for sprees in latest weeks.
This accumulation coincided with Dogecoin’s push from $0.26 on September 15 to briefly crossing above the $0.28 degree on September 18, suggesting that whale exercise has been an vital issue in the token’s latest rally.
Whales Add About 1 Billion DOGE To Holdings
According to Santiment’s data, whales within the stability class of 100 million to 1 billion DOGE boosted their mixed holdings from 26.48 billion DOGE on September 15 to 27.39 billion DOGE by September 19. This means about 910 million DOGE have been collected by these addresses in simply 4 days, equal to over $250 million on the present value of Dogecoin.
This enhance in whale-controlled provide usually indicators rising confidence within the asset whereas additionally decreasing the liquidity out there in open markets. The timing of those purchases factors to a deliberate accumulation technique as Dogecoin examined an area value help at $0.26.
Whales buying tons of of thousands and thousands of tokens not solely cut back out there provide but in addition are likely to encourage retail traders to follow suit. The scale of this accumulation seems to have had a direct affect on Dogecoin’s value motion. Between September 15 and 18, Dogecoin rose from $0.26 to above $0.28, a rally of almost 8% inside three days.
This rally was all on the motion of whales alone, as Santiment information exhibits a corresponding holding lower within the cohort of addresses holding between 10 million DOGE and 100 million DOGE tokens.
Dogecoin Technical Analysis
As it stands, Dogecoin’s skill to increase its rally will depend upon the way it holds above the $0.28 value degree within the coming days. However, a bullish technical evaluation that aligns with this whale accumulation pattern means that Dogecoin is now on observe to new all-time highs.
Crypto analyst Trader Tardigrade confirmed that Dogecoin’s weekly chart has damaged out of a long-standing symmetrical triangle sample. According to him, final week’s candle shut validates the breakout and establishes a 1:29 risk-to-reward buying and selling alternative.
The symmetrical triangle setup points to a powerful pattern continuation after a collection of upper lows and decrease highs since September 2025 that has now resolved upward. Interestingly, Trader Tardigrade predicted a rally that will see Dogecoin break above its present all-time high. Particularly, the analyst predicted that Dogecoin may rally as high as $1.7 if the breakout follows via.