Dogecoin Whales Are Making Moves Again – And They’re Buying Big!

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Well folks, it seems the Dogecoin whales are back at it, and they’ve got their eyes on the prize. On-chain data has confirmed what we all secretly feared: these giant crypto traders have returned to the market with wallets full of cash and a thirst for DOGE like never before. They’re loading up, probably on a whim, hoping the price will surge like a roller coaster with no brakes. And who can blame them? It’s cheap right now. Like, “buying candy at a 90% off sale” cheap. 🍬

Whale Watch: Big Players Are Back

So, here’s the scoop. On April 15, Ali Martinez, your friendly neighborhood crypto analyst, tweeted (because, you know, where else do we get our info?) that Dogecoin whales had returned to the market after their brief “selling spree” to scoop up over 800 million DOGE in a 48-hour window. That’s over $130 million worth of DOGE. If you didn’t feel your wallet shiver just now, you might want to check your pulse.

Here’s a fun little chart from Martinez (aren’t charts just the best? No sarcasm here, I promise), showing that wallets holding over a billion DOGE started gobbling up tokens like there’s no tomorrow around April 9, with no signs of slowing down until at least April 14. So, yeah, they’re kind of in it for the long haul.

The timing of this “whale feast” is as suspiciously perfect as a Hollywood plot twist. Dogecoin’s price nudged up from about $0.153 to $0.165 around the same time. Whales buying big? Check. Price rising? Check. Coincidence? You decide. But you know what they say – when the whales move, the whole ocean shifts. 🌊

Now, let’s talk about the past month, which for Dogecoin has been like a bad hangover from a night of wild gains. The price took a dive by 11.3%, dropping down to $0.154. So yeah, whales probably saw this as their chance to grab some discounted DOGE – who can resist a bargain? They’ve been shopping the dip, like the seasoned pros they are. 🛍️

And don’t think this 800 million DOGE purchase is their first rodeo this month. Oh no. On April 11, they dropped another $13 million on over 80 million DOGE. It’s like watching a wealthy uncle at an estate sale, picking up antiques with zero hesitation. 🤷‍♂️

Now, don’t get too excited, but the whales aren’t just buying because they’re bored. There’s growing optimism in the air. About 72.13% of long-term Dogecoin traders are holding their positions, hoping for a glorious rally. I mean, I’m not saying they know something we don’t… but they probably know something we don’t.

Price Predictions: Is DOGE Ready to Pump Again?

Let’s talk predictions, because who doesn’t love a good crystal ball moment? Trader Tardigrade (yep, that’s his handle, but I bet he’s got a real name, too) recently dropped his two cents on X. He believes Dogecoin is currently preparing for a price rebound, like a boxer in the corner waiting for the bell to ring. He’s spotting a Symmetrical Triangle forming in the charts, which sounds way cooler than it probably is. But if you squint and tilt your head just right, it might actually mean that Dogecoin could soon burst out of its slumber and surge higher than you can say “To the moon!” 🚀

According to Tardigrade (and no, this isn’t a typo – his name is actually Tardigrade, and he’s the guru), the longer Dogecoin stays in this formation, the stronger the potential pump. It’s like building muscle before the big lift. So, if everything goes as planned, we might just see Dogecoin take off again. 🚀💸

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2025-04-17 08:16