Dogecoin whales hit 6-month activity high; DOGE prints third monthly morning star
Dogecoin whales hit 6‑month high as analyst flags third monthly “morning star”
Dogecoin whale activity surged. A popular chartist says DOGE printed a third clear monthly bullish reversal.
Santiment tracked 739 transfers of $100,000+ in 24 hours, the busiest in six months. Their on-chain read shows whales accumulating as price rebounded from recent lows Santiment. NewsBTC also reports the largest wallets keep adding NewsBTC.
“Of the 149 whale wallets holding at least 100M Dogecoin, they now collectively hold an all-time high of 108.52B DOGE ($11.6B). The memecoin’s +14% rise over the past 10 days is very likely not just a coincidence.” Santiment
Analyst Cantonese Cat highlights a third clear monthly bullish morning star on DOGE. The pattern appears across February, March, and April on the monthly chart Cantonese Cat. In crypto, the focus is the structure: a sharp drop, an indecision candle, then a strong recovery that shifts control to buyers NewsBTC.
The chart marks two prior comparable formations. September–November 2017 and September–November 2020. Both preceded major DOGE advances Cantonese Cat.
For context, the analyst cites Bitcoin. A BTC monthly morning star “marked 3 of 4 past cycle bottoms,” “2 local bottoms,” with “2 false signals,” for a stated 71.4% success rate on BTC. He adds BTC could be a leading indicator NewsBTC.
At press time, DOGE traded at $0.10897.
- 739 whale transfers of $100,000+ in 24h Santiment
- 149 whale wallets hold 108.52B DOGE ($11.6B), all-time high Santiment
- +14% in 10 days on DOGE Santiment
- Third clear monthly morning star on DOGE Cantonese Cat
