#dogeocin Dogecoin (DOGE) whales have scooped up more than 1.4 billion tokens in 48 hours, worth more than $140 million worth of the cryptocurrency.
The information was provided by blockchain analytics firm Santiment and shared by cryptocurrency analyst Ali Martinez on the X platform (formerly Twitter) with more than 72,000 followers.
DOGE is currently trading at $0.124, after gaining more than 16% over the past week amid a recovery in the cryptocurrency market, with Bitcoin up more than 3.4% to above $65,500.
DOGE also recently hit a milestone when the number of wallets holding DOGE surpassed 90 million.
Earlier this year, Tesla and SpaceX CEO Elon Musk expressed his affection for Dogecoin, saying that he âlikes dogs and memes,â although he also sees value in Bitcoin and other cryptocurrencies.
