Dogecoin Whales Buy Billions Despite Market Drop, Signaling Potential Rebound

Recent data reveals a significant shift in investor behavior for Dogecoin (DOGE). While retail investors remain cautious amidst a 7% market downturn, large institutional players are significantly increasing their holdings. Crypto analytics firm Santiment shows that whales – entities holding between 100 million and 1 billion DOGE – have purchased nearly $448 million worth of tokens in the past week.