Dogecoin Whales Scoop Up Millions as Analysts Eye Trendline

Dogecoin's price has been relatively stable in recent days, despite strong accumulation by major investors. On-chain data shows that whales have bought up hundreds of millions of tokens over the past 72 hours.

According to blockchain data, 470 million Dogecoin were purchased by whales in a short period, fueling speculation about the token's future trajectory. The meme coin has been making headlines due to its association with Elon Musk and potential integration into X's payment ecosystem.