1,000,000,000 DOGE Bought as Whales Step Back Into Dogecoin

Key Points

1. Dogecoin whales bought 1,000,000,000 DOGE during a price dip to $0.194, contributing to a rebound above $0.207.

2. The accumulation marked one of the largest single-day increases in whale holdings, rising from 71.6 billion to 72.7 billion DOGE.

3. DOGE's price had been declining since July, when it peaked at $0.26, before the recent rebound.

4. The short-term chart showed DOGE moving sideways after a sharp drop before quickly recovering on low trading volume.

5. The whale activity suggests major buyers saw the dip as an accumulation opportunity.