Revealed: The 3 Largest Dogecoin Whales Dominating the Market in 2025
Dogecoin's top holders are pulling the strings—here's who controls the meme coin's fate.
The Whale Watch Begins
While 'decentralization' gets tossed around at crypto conferences, a handful of wallets still call the shots. These three players hold enough DOGE to crash—or moon—the market with a single transaction.
#1: The Shadow Kingpin
One address hoards more DOGE than some national reserves hold USD. Its owner hasn't moved a coin since 2021—either a crypto savant or someone who forgot their keys after a Musk tweet binge.
#2: The Exchange Wildcard
Binance's cold wallet stash proves centralized platforms still run the show. Their 'not your keys' policy looks increasingly ironic as their DOGE vault swells.
#3: The Sleeping Giant
This miner-turned-whale cashes out just enough to buy private islands while keeping the market guessing. Classic 'sell the news' strategy—if the news is Elon posting dog memes.
Funny how a joke currency now has billion-dollar stakeholders hiring armed guards. The free market works—until a whale decides it doesn't.
Top 3 Biggest Dogecoin Holders in 2025
According to a report by Investing Haven, the popular crypto exchange Robinhood holds the highest number of Dogecoin (DOGE). The exchange’s custodial wallet holds 27.16 billion DOGE, valued at around $4.8 billion at current rates. Robinhood’s DOGE holdings make up about 17.9% of the coin’s entire supply.
The world’s largest exchange by volume, Binance, comes in at second place among the biggest dogecoin (DOGE) holders in 2025. Binance’s custodial wallet reportedly holds 15.7 billion DOGE, valued at around $2.77 billion at current rates. Binance’s custodial wallet holds about 7.2% of DOGE’s entire supply.
The third-largest Dogecoin (DOGE) holder in 2025 is Upbit, South Korea’s largest cryptocurrency exchange. Upbit’s custodial wallet holds about 10.56 billion DOGE, valued at around $1.86 billion. Upbit’s custodial wallet holds roughly 6.9% of DOGE’s entire supply.
When Will The Memecoin Take Off?
Despite being one of the most popular cryptocurrencies in the market, Dogecoin (DOGE) has struggled to gain momentum over the last few years. According to CoinGecko data, DOGE’s price has fallen by nearly 76% from its all-time high of $0.7316.
However, the popular memecoin could see an upswing over the coming weeks, following the recent interest rate cut and the end of the US government shutdown. Moreover, there are a few Dogecoin (DOGE) ETF applications awaiting approval at the SEC. If the SEC approves a Doge ETF, we could see the memecoin climb to a new all-time high.
