DOGE whales ramped up their holdings from 10.28 billion to 10.51 billion DOGE despite a 24% price drop from 0.220 USD to 0.168 USD. This suggests strong investor confidence and possible stabilization for DOGE.

Historical trends show that whale purchases during bearish periods often lead to market recoveries. With a current decrease in active addresses, whale accumulation could signal a return of retail interest and a potential price rebound for DOGE.