DOGE Whale Activity Sparks Market Speculation as $150M Transfer Triggers 74% Trading Volume Surge

In a significant market movement, an anonymous Dogecoin (DOGE) whale transferred 807 million tokens worth approximately $150 million between undisclosed wallets, triggering a 74% surge in trading volume. Blockchain tracker Whale Alert identified five separate transactions within 24 hours, fueling speculation about the whale’s motives. The large-scale movement suggests potential portfolio rebalancing by a major holder, drawing attention to DOGE’s market dynamics.

Dogecoin Whale Moves $150M in DOGE, Triggers 74% Surge in Trading Volume

Dogecoin (DOGE), the leading meme cryptocurrency, has captured market attention after an anonymous entity transferred 807 million tokens—worth roughly $150 million—between undisclosed wallets. Blockchain tracker Whale Alert identified five separate transactions within 24 hours, fueling speculation about the whale’s motives.

The sheer scale of movement suggests portfolio rebalancing by a major holder, though observers debate whether it signals impending liquidation or routine asset management. Such whale activity typically incites emotional trading among retail investors, amplifying price volatility.

Despite the uncertainty, Doge defied bearish expectations with a 7.58% price surge. The transfers coincided with a 74% spike in trading volume, demonstrating meme coins’ continued sensitivity to large-scale capital movements.

Dogecoin Surges Past $0.20, Triggering $13 Million in Liquidations

Dogecoin’s price reclaimed the $0.20 threshold, breaking out from an inverse head and shoulders pattern—a bullish signal for traders. The rally ignited a wave of liquidations totaling $13 million, with $1.6 million in long positions and $11.3 million in shorts wiped out.

Open Interest surged 18% to $2.17 billion within 24 hours, reflecting heightened trader activity in the meme coin. Despite near-overbought conditions, DOGE’s momentum mirrors a broader market uptrend fueled by the recent US-UK trade agreement.

The cryptocurrency now faces resistance at $0.24, with its current price hovering around $0.21. This move underscores the volatile yet opportunistic nature of meme coins in today’s crypto landscape.

807M DOGE Transferred in Just 1 Minute: Is a Sell-Off Looming?

Dogecoin’s market dynamics face heightened scrutiny after an anonymous whale moved 807 million DOGE between wallets in under a minute. The transactions, valued at approximately $149.76 million, originated and terminated in unidentified wallets, sparking fears of an impending sell-off.

Whale Alert data reveals five rapid transfers within 24 hours, a pattern historically preceding volatility. Market participants now weigh the likelihood of cascading effects across meme coins and broader crypto assets.