TL;DR
- Whales purchased two billion DOGE this week, lifting their mixed holdings to 27.6 billion cash.
- A single 900M DOGE switch price $208M to Binance drew consideration to giant trade actions.
- DOGE broke key resistance, with momentum constructing for a attainable push towards the $1 value mark.
Value and Market Strikes
Dogecoin (DOGE) traded at $0.23 at press time, slipping 4% over the previous day however nonetheless displaying a 2% acquire for the week. Day by day turnover got here in at about $6.18 billion.
In the meantime, the broader crypto market noticed over $1 billion in liquidations. Hotter-than-expected US Producer Value Index knowledge pushed merchants to reduce expectations of a near-term Federal Reserve fee minimize. DOGE had roughly 290,500 cash liquidated in the course of the sell-off.
On the two-week chart, analyst Dealer Tardigrade notes that DOGE has cleared a downward-sloping resistance line after finishing what seems to be a “wave V” in an Elliott Wave sequence. Related setups up to now, the place extended declines stayed inside falling channels earlier than breaking larger, have been adopted by sharp rallies.
$Doge/2-week#Dogecoin is gaining robust momentum to surge above $1 pic.twitter.com/TuSEKr19nv
— Dealer Tardigrade (@TATrader_Alan) August 15, 2025
Momentum gauges are additionally turning up. The Stochastic RSI, which had dropped into oversold territory, is now heading larger. Earlier reversals from this zone have coincided with sustained upward strikes. The present formation factors to a attainable run that might carry DOGE previous the $1 mark.
Heavy Whale Shopping for and Giant Transfers
As reported by CryptoPotato, blockchain knowledge exhibits giant traders have added two billion DOGE up to now week, spending just below $500 million. That brings their holdings to about 27.6 billion cash, or 18% of the provision. The shopping for streak has prompted hypothesis inside the group.
Not too long ago, Whale Alert flagged a 900 million DOGE switch price about $208 million into Binance. The monitoring signifies that it originated from a pockets linked to the trade, doubtless as an inside exercise. The deal with concerned holds 2.88 billion DOGE, one of many largest balances on the community.
Ali Martinez additionally stories that transactions above $1 million reached a one-month excessive, with exercise constructing since early August and peaking as DOGE traded at $0.25.
Whales are again! Dogecoin $DOGE exercise at a 1-month excessive. pic.twitter.com/C83Pv68mCt
— Ali (@ali_charts) August 14, 2025
Sentiment Constructing
Analyst Gordon described the present setup as “a pleasant little bit of consolidation” earlier than a possible breakout, including,
“This might be one of many first cash normies FLOCK to & the pump might be MASSIVE.”
With whale accumulation rising, high-value transfers growing, and a bullish technical sample in play, DOGE is positioned for a possible push towards $1 if momentum holds.
The put up Huge DOGE Whale Exercise Hints at $1 Breakout appeared first on CryptoPotato.