DOGE Whale Activity Intensifies Ahead of Potential Dogecoin ETF Approval

As the possibility of a Dogecoin exchange-traded fund (ETF) launch in the United States grows, market participants are preparing for potential gains. According to Santiment, a significant trend observed is the rapid accumulation of Dogecoin by whales, a group known for holding large amounts of cryptocurrency. This activity signals their anticipation of the ETF’s impact on the price of DOGE.