Citing on-chain data from market analytics resource Santiment, Martinez revealed that whales holding between 10 million to 100 million #Dogecoin accumulated about 210 million tokens amid the latest bearish phase that began on Monday.
Data confirms that the 210 million tokens they procured are worth over $88 million at the current price of $0.42. According to Santiment, these whales held a cumulative balance of 21.64 billion DOGE right before Dogecoin witnessed the recent price slump.
Following the correction phase, the holdings among these addresses have now skyrocketed to the current figure of 21.85 billion tokens, marking an increase of 210 million Dogecoin in four days.
