Markets· ★★· neutral·

Whales buy 240 million DOGE, but network activity declines

  • Whales added 240 million DOGE in a week, holdings rose to 19.02 billion coins
  • Active addresses fell from 45,000 to 36,500; transfers from 57,000 to 47,300
  • DOGE trades near $0.08292, resistance at $0.08564-0.08672
  • Support at $0.07804-0.07733; a breakdown opens the way to $0.06410
Why it matters: Whale accumulation may support the price, but falling network activity signals weak demand and risk of a pullback.
Source: CoinCodex