Home » Crypto News Share: Share: After a period of relative calm, the OG meme coin, Dogecoin (DOGE), has surged even as other top crypto assets have pulled back from gains. Interestingly, Santiment revealed Dogecoin whale activity has surged to a six-month high. On-chain data recorded 739 transfers of more than $100,000 in a single day.
6 billion. 1091 on Friday. Crypto analyst Ali Martinez recently flagged one of DOGE’s biggest transaction spikes of the year on April 16 after nearly $800 million moved in 24 hours.
He noted that sudden jumps in network activity such as this have historically come before periods of volatility, often reflecting large wallets repositioning. The analyst also highlighted the aggressive accumulation by large holders during the ongoing consolidation phase, which suggested supply is being absorbed. He said this trend typically indicates the formation of a price floor.
1172 as the next target. Several industry experts share a similar bullish outlook for the meme coin. - Whales Can’t Get Enough of Meme Coins as FLOKI Explodes 950% - DOGE, SHIB, PEPE Explode: Is Meme Coin Frenzy Back in Full Force?
3 billion tokens, as per data compiled by Coinglass. 86 billion. 4 billion.
Meanwhile, other platforms such as Hyperliquid, MEXC, and KuCoin also held strong positions. With both price and futures activity climbing, it appears traders are opening new positions rather than just exiting old ones. That usually supports the ongoing upward move in DOGE.
At the same time, the build-up of leveraged trades means any change in momentum could trigger quick and sharp pullbacks.
