The latest market update says 739 Dogecoin transfers above 100,000 tokens were recorded in one day, while 149 large wallets accumulated 108.52 billion DOGE.
Dogecoin saw a sharp increase in whale activity, with 739 transfers of more than 100,000 DOGE recorded in a single day, marking a six-month high according to the provided update. The same update says 149 large whale wallets now hold a record 108.52 billion DOGE, valued at about $11.6 billion. In crypto markets, whale activity refers to movements by holders with very large balances, which traders often watch for clues about liquidity, accumulation, or potential selling pressure.