Betting on Dogecoin: Why DOGE is a whale favorite this month

Dogecoin whale wallets have been relentless in their accumulation, and this could be a bullish sign for the memecoin.

Whale accumulation has increased despite the negative price trend.price, there’s an interesting counter-activity observed among large investors or whale wallets.

Specifically, wallets holding between 100,000 and 10 million DOGE have been actively accumulating more tokens over the last few days. This substantial accumulation underscores a bullish sentiment among larger Dogecoin holders despite any negative trends in the broader market.revealed that while there was notable accumulation by whale wallets, its price was on a decline.

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