DOGE whale activity hits 6-month high in potential bullish signal

On-chain data shows that DOGE whale activity has reached its most active level in six months, according to an analysis by Santiment. The firm noted that 739 transactions of over $100,000 occurred in the last 24 hours. Additionally, 149 wallets holding more than 100 million DOGE now collectively possess 108.5 billion DOGE, worth approximately $11.6 billion, an all-time high. Santiment suggested that this increased accumulation by whales could be linked to the recent upward price trend.