🚀 DOGE Whales Go Berserk: $1 Price Target in Sight as Mega Transactions Spike

Dogecoin's blockchain just lit up like a Vegas slot machine. Whale-sized transactions—the kind that make retail traders sweat—are flooding the network. Is this the precursor to DOGE's long-awaited dollar breakout?

The Whale Watch Is On

On-chain data shows jaw-dropping movement from anonymous mega-wallets. We're talking nine-figure DOGE shuffles happening faster than a Shiba Inu chasing treats. These players don't move coins for fun—they're positioning.

Memecoin or Momentum Play?

While Wall Street sniffs at 'joke coins,' DOGE's liquidity profile now rivals mid-cap stocks. The same whales who pumped it to $0.70 in 2021 are back—and they've got deeper pockets. Funny how 'meme status' vanishes when there's real money to be made.

The $1 Psychological Barrier

Technical charts show a textbook accumulation pattern. Every time DOGE tests $0.80, buy walls appear thicker than a crypto bro's Lambo doors. One more push could trigger FOMO that makes 2021's rally look tame.

Will DOGE finally shed its 'fun money' reputation and join the big leagues? Or is this just another pump before the inevitable 'woof' sound of collapsing leverage? Either way—grab your popcorn.

Price and Market Moves

Dogecoin (DOGE) traded at $0.23 at press time, slipping 4% over the past day but still showing a 2% gain for the week. Daily turnover came in at about $6.18 billion. 

Meanwhile, the broader crypto market saw over $1 billion in liquidations. Hotter-than-expected US Producer Price Index data pushed traders to scale back expectations of a near-term Federal Reserve rate cut. DOGE had roughly 290,500 coins liquidated during the sell-off.

On the two-week chart, analyst Trader Tardigrade notes that Doge has cleared a downward-sloping resistance line after completing what appears to be a “wave V” in an Elliott Wave sequence. Similar setups in the past, where prolonged declines stayed within falling channels before breaking higher, have been followed by sharp rallies.

$Doge/2-week#Dogecoin is gaining strong momentum to surge above $1 pic.twitter.com/TuSEKr19nv

— Trader Tardigrade (@TATrader_Alan) August 15, 2025

Momentum gauges are also turning up. The Stochastic RSI, which had dropped into oversold territory, is now heading higher. Previous reversals from this zone have coincided with sustained upward moves. The current formation points to a possible run that could carry DOGE past the $1 mark.

Heavy Whale Buying and Large Transfers

As reported by CryptoPotato, blockchain data shows large investors have added two billion DOGE in the past week, spending just under $500 million. That brings their holdings to about 27.6 billion coins, or 18% of the supply. The buying streak has prompted speculation within the community. 

Recently, Whale Alert flagged a 900 million DOGE transfer worth about $208 million into Binance. The tracking indicates that it originated from a wallet connected to the exchange, likely as an internal activity. The address involved holds 2.88 billion DOGE, one of the largest balances on the network.

Ali Martinez also reports that transactions above $1 million reached a one-month high, with activity building since early August and peaking as DOGE traded at $0.25.

Whales are back! Dogecoin $DOGE activity at a 1-month high. pic.twitter.com/C83Pv68mCt

— Ali (@ali_charts) August 14, 2025

Sentiment Building

Analyst Gordon described the current setup as “a nice bit of consolidation” before a potential breakout, adding, 

“This will be one of the first coins normies FLOCK to & the pump will be MASSIVE.”

With whale accumulation rising, high-value transfers increasing, and a bullish technical pattern in play, DOGE is positioned for a potential push toward $1 if momentum holds.