Dogecoin Whales Accumulate $1 Billion in Recent Market Shift

A significant accumulation of Dogecoin (DOGE) by whales has been observed between mid-April and May 2025, as reported by on-chain analyst Ali Martinez. This activity suggests a potential price movement or increased market participation among large holders. Ali Martinez, known for his crypto insights, reports that over $1 billion in DOGE was accumulated by these entities. 26 Billion DOGE is currently held in major wallets belonging to Dogecoin whales, with the holdings concentrated within significant wallet sizes ranging from 100 million to 1 billion DOGE.