DOGE Whales Accumulate 2 Billion Coins as Price Nears Key Resistance

Dogecoin (DOGE) has recently seen a significant surge in whale activity, marking its most active day since mid-July. On August 13, over 100 large transactions were recorded, with major holders accumulating approximately 2 billion DOGE, valued at $500 million. This buying spree comes as the meme coin's price rallies toward the critical $0.25 resistance level. Holdings in the 100 million to 1 billion Doge range have also reached a notable 27.6 billion, indicating strong confidence among large investors. The increased whale activity suggests growing bullish sentiment, potentially paving the way for a breakout if the resistance level is breached. As of August 16, 2025, the market is closely watching whether DOGE can sustain this momentum and achieve new highs.

Whales Accumulate 2 Billion DOGE as Dogecoin Tests Key Resistance

Dogecoin whale activity surged to a monthly high, with over 100 large transactions recorded on August 13. Approximately 2 billion DOGE, valued at $500 million, were accumulated by major holders as the meme coin's price rallied toward the $0.25 resistance level.

The buying spree marks the most active day for whale transactions since mid-July, with holdings in the 100 million to 1 billion DOGE range reaching 27.6 billion tokens. This accumulation coincides with a 26% rebound from Dogecoin's early August lows of $0.195.

Market analysts note the whale activity suggests growing institutional interest, with price trajectories now hinging on DOGE's ability to maintain critical support levels. The $0.25 resistance remains a key psychological threshold for traders.