Dogecoin whales acquired 470 million DOGE, valued at $155 million, signaling growing confidence.
Over 1 billion DOGE was purchased in a week, highlighting major buying activity.
Analyst Javon Marks predicts a potential 120% surge if Dogecoin breaks its Descending Wedge pattern.
Dogecoin's large-scale investors have ramped up their activities, acquiring an impressive 470 million DOGE, valued at approximately $155 million. This significant move comes as analysts observe bullish recovery patterns in the cryptocurrency, sparking speculation about a potential price rally.