Whales buy 525M DOGE in 4 days amid 200-day MA test

Dogecoin (DOGE) whales have purchased 525 million DOGE over the past four days, crypto analyst Ali Martinez reported, citing Santiment data. In a related analysis, U.today noted that DOGE is forming higher lows just below its 200-day moving average of $0.117, suggesting that whales are absorbing sell-offs from retail investors. The outlet pointed out, however, that there were no corresponding inflows into U.S. spot DOGE ETFs during this period. U.today added that while a break above the 200-day MA could change the market dynamic, a failure to do so risks trapping the token in its current price cycle. A long-term trend reversal, the report concluded, would depend on real-world economic integration, such as through X's (formerly Twitter) financial app, X Money.