DOGE Price Ships to 2-Month High: How Bullish Are Whales and Traders?
Main Idea
Large holders (whales) purchased over 1.08 billion Dogecoin (DOGE) in 48 hours, driving its price up by more than 80% since late June, with analysts predicting further potential gains.
Key Points
1. Whales acquired 1.08 billion DOGE in two days, worth over $250 million at current prices.
2. Dogecoin's price surged by more than 80% since its June 23 low during the Israel-Iran war.
3. An anonymous whale closed a $2.14M long position and reopened a 10x leveraged long position worth $21.24M, with an unrealized profit of $1.64M.
4. Analysts suggest DOGE could rise to $0.36 or $0.54 if it stays above key support levels.
5. DOGE recently rebounded from $0.19 (a critical support line) and surpassed $0.25, reaching its highest price since mid-May.
Description
TL;DR The cryptocurrency market revival in the past ten days or so has benefited certain assets more than others, with the leading meme coin being a prime example. Dogecoin’s price rocketed to a two-month peak, while whales have started accumulating en masse, and large traders are opening sizeable longs. Whales bought 1.08 billion Dogecoin $DOGE in the last 48 hours! pic.twitter.com/vQapyIncRN — Ali (@ali_charts) July 18, 2025 Data shared by Ali Martinez shows that large DOGE holders have expand...
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