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Dogecoin whales buy 270 million DOGE
The latest DOGE price drop could have led to a massive liquidation, but Dogecoin whales took advantage. These whales are now buying Dogecoin in huge quantities, with the latest transaction being 270 million. They see the drop as a cheap entry opportunity into the market.
The recent drop in Dogecoin’s price has prompted wealthy investors, known as “whales,” to buy additional coins. On Tuesday, prominent cryptocurrency researcher Ali Martinez revealed on X (formerly Twitter) that Dogecoin whales had acquired 270 million DOGE in five days.