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Dogecoin whales returned to the market: How long has Dog bought?

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Modern data revealed the series that Dukwin whales They returned to the market and accumulated distinctive symbols collectively. Based on the current situation of the market, these whales appear Take advantage of low prices To buy more codes in the hope of an imminent gathering.

DOGECOIN whales returned to work

In x (formerly Twitter) mail On April 15, the encryption analyst Ali Martinez announced that the Dukwin whale had returned to the scene of the accident with great accumulation after that The start of a huge sale previously. According to what was reported, the encryption holders have acquired more than 800 million Doj symbols within 48 hours. With DOGECOIN trading about $ 0.16 at the time, the total value of purchase amounted to about $ 130 million.

The analyst presented a plan that tracks the property of the portfolio containing 1 billion dusk or more, and revealed a sharp Increase in accumulation Starting from April 9, the property remains high until April 14.

This flow of whales is closely in line with an upward movement at the Dogecoin price, which rose from about $ 0.153 to about $ 0.165 during the same period. The timing and size of this accumulation also refers to a Shine And trust between these Senior playersIt is often seen as an indication of a potential upward momentum.

Dokwin
source: Ali Martinez on x

During the past month, the price of Dogecoin decreased to $ 0.154 after it decreased by 11.3 %. Looking at The low price of meme Coin is significantly low Compared to its previous height earlier this year, the whales seem to be taken DIP purchase approach For the accumulation of the largest possible number of symbols during the current market shrinking period.

It is worth noting that the acquisition of $ 800 million is the widespread purchase of this month. On April 11, Martinez stated that the whales were also Cheer more than 80 million dusksbuying value At about 13 million dollars at that time.

this An increase in whale activity It suggests increasing optimism between big merchants, and perhaps thinking Price recovery forecasts. Support this view. Martinez open Nearly 72.13 % of the long -term DOGECOIN traders currently occupy long jobs. This scale reflects a firm condemnation of the dogecoin capabilities of the assembly, especially if the conditions of the broader market begin to settle.

Doge Price is preparing for a higher pump

In one of his latest analyzes on X, Trader Tardigrade, a well -known encryption analyst, Propagate The price of Dogecoin is preparing to challenge the declining direction and Top recovery. The analyst has revealed that the M -currency is currently formed The similar triangle style On the graph, indicating the possibility of a bullish shift.

According to Trader Tardigrade, the more Dogecoin Unification It is within this similar triangle, the stronger its momentum. This supports the possibility that as soon as Dogecoin leaves the triangle, he may see a higher pump for new levels.

Dokwin
DOGE Trading at $ 0.15 on 1D graph | Source: Dogeusdt on Tradingvief.com

Distinctive photo from Pexels, Chart from TradingView.com

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