In 24 hours, it has purchased 160 million yen.The price correction continues.
Dogecoin whales are actively buying up the #cryptocurrency , having purchased 160 million #DOGE .
These large holders are taking advantage of the recent fall to buy the coin at a lower price.
On September 13, the token hit a multi-year high of 00.4316, followed by a pullback.
as the price fell, the number of whales increased.
Market analyst #Ali Martinez noted that the wallet of 10-100 million dollars was enriched by 160 million dollars, totaling almost 19.91 billion dollars.
The recent $56 million purchase reflects a 6% discount from just a few days ago when they were worth around $69 million. 23
additionally, 1 whale sold 92 million SPX tokens for a profit of 1,060 million yen and used 6,620 million from those sales to buy 1,395 million DOGE.
positive sentiment around #Dogecoin indicates that investors expect further price gains.
analysts believe that the current price correction is healthy and could lead to significant gains in the future, as in previous bull cycles.
the forecast for Dogecoin's price range is from exceeding the all-time high of 0.7376 to targets of 1, 2.2. 4, 1.10 and even 2.23.
Read us at: Compass Investments