Dogecoin Sees Buying Power from Whales as Price Awaits Next Move
According to recent data from WhaleStats' official Twitter handle, Dogecoin has returned to become one of the most actively purchased assets by BSC whales as its price consolidates for a next major move. IntoTheBlock data might also suggest that Dogecoin whales have been on their toes in the previous 24 hours, with a 24% increase in large transactions.
Large transaction spikes are frequently associated with increased activity from institutional players, or whales, who are either buying or selling. These transactions exceed $100,000 in value, according to IntoTheBlock.Likewise, the profitability of the largest meme cryptocurrency remains at 53%, after declining below 50% earlier in the month. TAG Heuer, a Swiss luxury watchmaker, recently announced that it is now accepting cryptocurrencies.
Source
@Doge_ShibaInu
