Dogecoin Surges 12% In A Week As Whale Buying Accelerates
Large investors piled into Dogecoin (CRYPTO: DOGE), leading to the sharp rally during Sunday’s overnight trading.
Are Whales Driving The Surge?
Widely followed cryptocurrency analyst Ali Martinez highlighted in an X post that whales accumulated 160 million DOGE tokens in the last 96 hours. The accumulation totaled roughly $18 million at prevailing prices.
160 million Dogecoin $DOGE were accumulated by whales in the last 96 hours. pic.twitter.com/enrZmDxAcJ
— Ali Charts (@alicharts) May 3, 2026
Institutions Snap Up DOGE
Spot exchange-traded funds rode the bullish wave, as the Grayscale Dogecoin Trust ETF (NYSE:GDOG), 21Shares Dogecoin ETF (NASDAQ:TDOG), and Bitwise Dogecoin ETF
Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.