Dogecoin Price Plummets, But Whales Accumulate 2 Billion DOGE Last Week

Dogecoin experienced a notable price fluctuation in recent days, with its value dropping from over $0.25 to approximately $0.237 after a brief surge. This week-long price movement saw Dogecoin gain 11.9% despite the recent decline. Notably, large investors known as whales amassed 2 billion DOGE in the past week according to analyst Ali Martinez on X. These whale transactions have been correlated with price spikes in DOGE’s chart, suggesting a potential link between their activity and market fluctuations.