Whales Accumulate 470 Million DOGE in 72 Hours as Dogecoin Holds Key Long-Term Support

On-chain data indicates that large Dogecoin holders acquired 470 million DOGE over a 72-hour period while the price moved mostly sideways. Analysts highlight that DOGE has returned to a decade-long support trendline and recently showed oversold conditions on the four-hour chart, suggesting a potential short- to mid-term bottom. At the time of reporting, Dogecoin traded near $0.095 with a modest 0.75% gain over the previous day.