Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Fresh data published by on-chain analytics platform Santiment and highlighted by market commentator Ali Martinez reveal that the largest Dogecoin investors have spent the last four weeks quietly expanding their positions while activity on the network accelerates – all as the memecoin’s price grinds toward a make-or-break technical ceiling.
Dogecoin Whales Fuel Bullish Momentum
Martinez points to the segment of wallets holding between 100 million and 1 billion DOGE – the cohort often described as “mid-tier whales.” Their combined balance stood at roughly 24.6 billion DOGE on April 13 but had climbed to just under 26.0 billion DOGE by May 13, according to the grey area in the whale accumulation chart.
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!