Dogecoin&#8217;s price action looks bare on the surface, but the wallets that often 
matter most are making interesting moves. Notably, on-chain data shows that 
large DOGE holders have returned to accumulation at a time when the meme coin 
is trading below its most important technical price zones of the year. 
Dogecoin Whales Are Buying Into Weakness DOGE has spent much of 2026 under 
pressure, with rallies repeatedly struggling to turn into upside above $0.10. 
That has made whale behavior more important because large holders tend to 
accumulate during periods when smaller traders are either selling, waiting, or 
losing interest. Related Reading: Dogecoin Adoption Is Back In The Cards, But 
Why Is DOGE Price Still Crashing? On-chain data tracked by crypto analyst Ali 
Martinez and sourced from Santiment shows that large DOGE holders purchased 
more than 525 million tokens in a 96-hour window. At the time the accumulation 
was recorded, Dogecoin&#8217;s price action was locked in a tight squeeze directly 
below the 200-day moving average, a long-term trend line currently around 
$0.12. For context, that level has acted as a ceiling for most of 2026. 
Interestingly, the 525 million DOGE purchase reported by Ali Martinez is 
especially notable because it happened within only four days. This shows that 
large wallets were actively absorbing supply during a compressed trading 
window. This kind of buying can reduce immediate sell pressure on Dogecoin. 
Another interesting thing is that the large wallet inflows do not appear to be 
coming from Spot Dogecoin ETFs. These funds have recorded only $860,960 in 
inflows over the past week, a relatively small figure compared to the whale 
accumulation. Based on Dogecoin’s current price, the 525 million DOGE bought 
by large holders is worth more than $52 million. The 200-Day Moving Average 
DOGE Must Beat The main technical issue for Dogecoin is the 200-day moving 
average. At the time of writing, Dogecoin&#8217;s 200-day MA is at $0.12. Dogecoin 
is also trading at $0.1025, which places it just 15% below the moving average. 
Related Reading: How To Time The Dogecoin Bottom And When The Price Will Reach 
$2 A Dogecoin price breakout above the 200-day moving average would give bulls 
their first major technical confirmation in months. It would show that the 
whale accumulation is starting to affect the chart, and it could also force 
short-term traders to reassess Dogecoin&#8217;s position. According to a crypto 
analyst that goes by the name Cryptollica on X, Dogecoin is now facing a kind 
of opportunity that has appeared only a handful of times in the last 12 years, 
pointing to previous cycle bottoms in 2015, 2020, and 2022. In each case, DOGE 
spent a long period looking inactive. As it stands, the Dogecoin Cycle Score 
has dropped back to the rebuild zone, which is a level that has always 
appeared when attention to the meme coin is very low. All that needs to happen 
now is for Dogecoin to break above the 200 MA, and a rally could start to make 
sense. Featured image from Pixabay, chart from Tradingview.com

Dogecoin&#8217;s price action looks bare on the surface, but the wallets that often matter most are making interesting moves. Notably, on-chain data shows that large DOGE holders have returned to accumulation at a time when the meme coin is trading below its most important technical price zones of the year. Dogecoin Whales Are Buying Into &#8230;

Dogecoin Millionaires Are On The Move Again, Here’s What They’re Doing Now

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Dogecoin Millionaires Are On The Move Again, Here’s What They’re Doing Now

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