Dogecoin Whale Accumulates $11.7 Million in a Series of Large Withdrawals

A prominent Dogecoin whale has been accumulating significant amounts of the cryptocurrency, notably increasing their holdings to approximately $11.7 million after multiple large withdrawals from Binance. Blockchain data reveals these transfers are happening at regular intervals, adding to the growing stash of DOGE held by this investor. 20 million DOGE were withdrawn on a recent occasion, adding to previous transactions totaling more than 3 million worth in just a few days. This activity is being closely analyzed by analysts who suggest potential future price movement based on technical factors like support and resistance levels.