Dogecoin whales buy 160M DOGE worth $17.7M in 96 hours

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Dogecoin whales stepped up buying. Whale supply rose as 160M DOGE changed hands in 96 hours.

Analyst Ali Martinez reports whale wallets accumulated 160M DOGE worth about $17.7M over four days. He tracks a net uptick in whale-held supply in this X post.

Dogecoin Whale Supply

Buying followed a price jump. Martinez notes whales haven’t rotated to profit-taking yet, but sentiment can flip fast source.

He also flags a parallel channel on the 12-hour chart. Price broke above the midline at $0.1018 into the upper half. His next target sits at $0.1172, near the channel top X post and NewsBTC coverage.

Dogecoin Parallel Channel

Dogecoin hit $0.113 late Sunday and opened Monday near $0.110 price page.

Dogecoin Price Chart