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Bitcoinsensus

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Image Credit: Bitcoinsensus

110 Million $DOGE Bought: Are Whales Backing a Dogecoin Rebound?

  • Dogecoin stabilizes above the $0.15 — $0.16 margin despite losing 60% since January peak.
  • Whales accumulated 110 million $DOGE during consolidation, indicating increased confidence in a potential rebound.
  • Dogecoin has entered a consolidation phase, increasing the possibility of a breakout.
  • Liquidity is building up as trading activity increases, setting the stage for a new attempt at higher margins.

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