This article is also available in Spanish.
Dogecoin whales are making movements again, preceding 560 million DOGE symbols in only one week, as market conditions become more convenient. this Wide -scale purchase It emphasizes the renewed interest and the increasing confidence in the potential of Dukwin in the future. With the high demand, the encryption community members are considering the reasons behind the massive accumulation Impact on the price of Dogecoin.
Related reading
Dukwin whale fluffs 560 million symbols
Dukwin’s largest players They returned to work, as reports from the encryption analyst Ali Martinez Reveal These deep investors, who are called “whales”, strongly add to Dogoin’s holdings. Pisces transactionsIt is usually defined as transfers that exceed $ 100,000, which have recently increased, indicating a strategic accumulation between investors.
Martinez revealed in his X (previously on Twitter) on January 31 that the two whales accumulated 560 million dusks in one week. this A big whale activity It comes after the market has witnessed a deep sale, as many investors choose to liquidate their bags for profit The conditions of the Hubudian market.
After that An explosive boom in DecemberDOGECOIN was struggling to restore the highest previous prices and excite a $ 0.74 of ATH. The cryptocurrency rose above $ 0.4 at the beginning, which led to excitement among analysts as multiple Upgradied predictions Spread the market. After this significant increase in prices, the price of Dogecoin He decreased towards an area of $ 0.3 He has been trying to break the resistance levels since then.
Because of the hypothesis and unexpected decreases, the market witnessed Intense sale. However, now, the Dogoin whales seem to return to the market strongly, and adhere to the largest possible number of distinctive DOGE symbols.
Before Donald Trump’s presidential installationMartinez mentioned in another X post The Komawi whales began in a huge deal, where it got huge symbols of 1.83 billion dusks within 48 hours. This is a huge Purchase He caught the attention of the encryption community, as many people think about the impact of these wide -ranging transactions.
It is worth noting that a member of the encryption, Muhammad Atf, had Stuck Regarding the recent rise in whale activity, with highlighting that these whales may have an insight into the future price path of the Mimi currency, because an increase in accumulation often shows increasing confidence in the potential of cryptocurrency. The encryption member went to Expect that a price leap is worth $ 1 For Dogecoin, and possibly driven by the activities of these investors on a large scale.
An analyst predicts a “huge gathering” for the price of Dogecoin
While Dogecoin whales buy more symbols, the price of the Meme currency is preparing for a possible large crowd. Tardigrade merchant dealer subscriber Distinguished price scheme, highlights the previous trends when Dogecoin suffered Get up to its highest new levels.
Related reading
In 2017, the M -currency rose to its highest levels, which suffer from a similar increase in upward 2021 during the previous bull race. As the Taurus 2025 is already, Trader Tardigrade believes that the price of Dogecoin can be it Repeat historical trends It may rise to a new ATH goal of $ 3.8.
Distinctive photo of Pexels, tradingView graph
The post Dogecoin Whales Go Ham As They Buy 560M DOGE In One Week first appeared on Investorempires.com.