At least two major onchain wallets have simultaneously opened leveraged long positions worth more than $4.3 million across chainlink and dogecoin, with additional limit orders signaling intent to add $8 million more in exposure.
Whale Wallets Build Chainlink and Dogecoin Long PositionsWallet 0x3109 has also placed significant limit orders below current prices, namely 33.46 million DOGE at $3.31 million and 515,120 LINK at $4.73 million (as well as a further $8.04 million in pending exposure if triggered). A second wallet, 0x5687, has separately opened longs on 10.21 million DOGE valued at $1.03 million.
If all limit orders execute, total combined positions across both wallets would exceed $13 million in notional value.
The placement of large limit orders below current market prices is typically read as a signal of conviction. In other words, the wallet is not simply buying at spot but expressing willingness to accumulate more aggressively on a dip. Combined, the pending limit orders from wallet 0x3109 alone represent $8.04 million in additional LINK and DOGE exposure.
