Dogecoin Whale Buying Spree Signals Potential Rebound?

Dogecoin (DOGE) has seen a surge in buying activity from whales, accumulating over 800 million coins in the last 48 hours, which may signal a potential price reversal. This significant buying pressure pushed DOGE prices to climb above the $0.15 level, breaking away from the recent downtrend that started in March 2023. The increasing whale activity is particularly notable as it reflects greater confidence among institutional investors who believe in the cryptocurrency’s future.