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Professional-level layout logic: Why are Dogecoin whales increasing their holdings
Dogecoin is currently priced at $0.14, down 2.34% in the past 24 hours, but the capital flow behind it reveals the true intentions of the market. On-chain data shows that large holders have accumulated a total of $138 million worth of positions in the short term. This move is not random but based on deep market logic.
Whale Deployment Reveals Market Signals
When big players increase their positions during a decline, it indicates they see something that ordinary investors do not. According to tracking platform data, major holders of Dogecoin significantly increased their positions within a day, purchasing up to 138 million tokens. The appearance of this concentrated buying usually signals that institutions or seasoned investors have a confident outlook on the future market.
The timing of whale purchases is particularly noteworthy. Currently, Dogecoin is consolidating near a critical support zone on the technical chart, which is a typical accumulation window. Historical experience shows that large investors tend to buy at such moments before the price reverses upward.
Market Environment Sets the Stage for Rise
Despite global economic uncertainties, the entire cryptocurrency market still demonstrates resilience, recently rising by 0.7%. Bitcoin continues to approach the $90.81K mark, while Ethereum remains stable around $3.12K. Mainstream coins like XRP, Solana, and BNB have also experienced small synchronized gains.
This broad market expansion indicates that it is not just a single coin’s movement but an overall increase in risk appetite. Against this backdrop, Dogecoin, as one of the assets with the strongest community consensus, naturally becomes a priority for large investors to allocate.
Supply-Side Data Reveals the Truth
On-chain information provided by Glassnode further validates this logic. Currently, the proportion of profitable Dogecoin supply is decreasing, with the 7-day moving average indicating a reduction in the number of profit-holders. In other words, many early buyers have already taken profits, and the retreat of profit-taking pressure—what does it mean?
Easing profit pressure usually precedes a price rebound. When investors’ profit stress weakens, assets are more likely to find new upward momentum. The current distribution of profit and loss holders is at a critical point transitioning from consolidation to breakout, creating fertile ground for a new upward move.
Why $0.15 is the Next Focus
Within this logical framework, the next target for Dogecoin becomes clear. Whale accumulation, combined with easing supply-side pressure and overall market recovery, all point toward a common direction—aiming for the $0.15 resistance level.
Professional investors do not chase high at market peaks. They strategically deploy during periods of high supply pressure and technical weakness, waiting for the moment of reversal. Every step Dogecoin takes now is unfolding according to the rhythm set by large holders.