Dogecoin Whale Wallets Move 7 Billion DOGE as Mid-Tier Holdings Drop 29% Over Two Months

Dogecoin wallets holding between 10 million and 100 million tokens reduced their combined positions by approximately 7 billion DOGE from mid-September to late November, on-chain data show. These addresses decreased holdings from over 24 billion to roughly 17.17 billion coins as the token's price fell from $0.27 to $0.143 during the same period. Meanwhile, larger wallets containing 100 million to 1 billion DOGE accumulated 4.72 billion tokens worth approximately $770 million at current prices.