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Recently, the Dogecoin (DOGE) market witnessed a notable large transaction — a whale investor splurged $80 million to buy 250 million DOGE. This move immediately ignited discussions in the market about the future trend of Dogecoin. Whether you are a small retail investor or a seasoned trader, this wave of 'whale' activity is worth paying attention to.

Whales dominate the market, with frequent fluctuations
In recent years, Dogecoin has clearly become a playground for whales. This time, the whales' increase in positions reminds one of the violent fluctuations of Dogecoin over the past month: the number of transactions exceeding $1 million has significantly increased, especially peaking when the price surged to $0.47. Even though Dogecoin has recently pulled back to $0.31, whales remain active, truly stable as a rock.