Over the past week, whales have acquired more than 1 billion Dogecoin coins

Doge is showing positive dynamics against the backdrop of activity from large players. According to IntoTheBlock, the volume of transactions over $100,000 in the last seven days exceeded $2.3 billion.

These operations included transfers between wallets, direct deals, and asset movements between exchanges.

Ali Martinez reports that in the past week, whales have purchased over a billion coins.

Large investors are demonstrating confidence in the medium-term growth of the meme coin's value. Martinez also noted that whales play an important role in maintaining the liquidity of the asset, which can contribute to its further strengthening.