Interestingly, the 525 million DOGE purchase reported by Ali Martinez is especially notable because it happened within only four days. This shows that large wallets were actively absorbing supply during a compressed trading window. This kind of buying can reduce immediate sell pressure on Dogecoin.
The 200-Day Moving Average DOGE Must BeatA Dogecoin price breakout above the 200-day moving average would give bulls their first major technical confirmation in months. It would show that the whale accumulation is starting to affect the chart, and it could also force short-term traders to reassess Dogecoin’s position.
