Dogecoin whales have made a considerable investment, adding 470 million DOGE to their portfolios. This comes as Dogecoin metrics show a bullish recovery, suggesting a price surge ahead. Popular crypto analyst Ali Martinez shared the whale activity on X, indicating renewed interest in the cryptocurrency.
The purchase is valued at approximately $155 million. Such large transactions by whales often affect market trends and sentiments. Martinez highlighted that investors holding between 10 million to 100 million DOGE have increased their accumulation since early January 2025.
Additionally, crypto analyst Javon Marks identified a new Descending Wedge pattern, indicating another likely price breakout. If Dogecoin breaks above this pattern, Marks predicts a potential rise to $0.739. The analysis suggests a promising bullish trend for Dogecoin's future.
Source: www.newsbtc.com ↗