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Dogecoin Whales Go on 470 Million DOGE Buying Spree Amid Bullish Recovery In Major Metrics

NewsBTC LogoNewsBTC17h ago

Dogecoin Whales Go on 470 Million DOGE Buying Spree Amid Bullish Recovery In Major Metrics - NewsBTC

Quick Summary:

This substantial purchase comes amid Dogecoin’s bullish recovery in key metrics, as analysts project a significant push to the upside.  Dogecoin Whales Buy 470 Million DOGE Popular crypto analyst Ali Martinez revealed on X (formerly Twitter) on January 11 that Dogecoin whales have begun accumulating again.

Martinez announced the latest DOGE acquisition by these deep-pocketed investors, highlighting that Whales recently bought over 470 million tokens.  Related Reading: Bitcoin Price Unravels 157-Day Fractal Similar To Last Cycle, Why A Surge To $169,000 Is Possible This substantial DOGE purchase, which occurred in the last 48 hours, is valued at approximately 155 million based on current market prices.

However, a steep correction pushed its price back towards the $0.3 mark.  Interestingly, the 470 million Dogecoin purchased by whales comes as the cryptocurrency experiences a steady bullish recovery in significant metrics.


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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-12 @ 00:30:11 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 489 words

Reading Time: 3 minutes read

Sentences: 69 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 25071527

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

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Publisher ID: #102

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