Data from Santiment shows that whale wallets holding Dogecoin have reached an all-time high, totaling approximately 108.52 billion DOGE, valued at around $11.6 billion.
Whale activity has also surged, with a spike in transactions exceeding $100,000, marking the highest level in six months.
This increase in accumulation and activity signals growing interest from large investors, potentially impacting price movements and market liquidity.