Massive DOGE Whale Activity Hints at $1 Breakout

TL;DR

• Whales purchased two billion DOGE this week, lifting their mixed holdings to 27.6 billion cash.
• A single 900M DOGE switch price $208M to Binance drew consideration to massive trade actions.
• DOGE broke key resistance, with momentum constructing for a doable push towards the $1 worth mark.

Worth and Market Strikes

Dogecoin (DOGE) traded at $0.23 at press time, slipping 4% over the previous day however nonetheless exhibiting a 2% achieve for the week. Each day turnover got here in at about $6.18 billion. 

In the meantime, the broader crypto market noticed over $1 billion in liquidations. Hotter-than-expected US Producer Worth Index knowledge pushed merchants to cut back expectations of a near-term Federal Reserve fee reduce. DOGE had roughly 290,500 cash liquidated in the course of the sell-off.

On the two-week chart, analyst Dealer Tardigrade notes that DOGE has cleared a downward-sloping resistance line after finishing what seems to be a “wave V” in an Elliott Wave sequence. Related setups previously, the place extended declines stayed inside falling channels earlier than breaking greater, have been adopted by sharp rallies.

$Doge/2-week#Dogecoin is gaining robust momentum to surge above $1 pic.twitter.com/TuSEKr19nv

— Dealer Tardigrade (@TATrader_Alan) August 15, 2025

Momentum gauges are additionally turning up. The Stochastic RSI, which had dropped into oversold territory, is now heading greater. Earlier reversals from this zone have coincided with sustained upward strikes. The present formation factors to a doable run that would carry DOGE previous the $1 mark.

Heavy Whale Shopping for and Massive Transfers

As reported by CryptoPotato, blockchain knowledge reveals massive buyers have added two billion DOGE previously week, spending slightly below $500 million. That brings their holdings to about 27.6 billion cash, or 18% of the availability. The shopping for streak has prompted hypothesis throughout the group. 

Lately, Whale Alert flagged a 900 million DOGE switch price about $208 million into Binance. The monitoring signifies that it originated from a pockets related to the trade, probably as an inner exercise. The handle concerned holds 2.88 billion DOGE, one of many largest balances on the community.

Ali Martinez additionally experiences that transactions above $1 million reached a one-month excessive, with exercise constructing since early August and peaking as DOGE traded at $0.25.

Whales are again! Dogecoin $DOGE exercise at a 1-month excessive. pic.twitter.com/C83Pv68mCt

— Ali (@ali_charts) August 14, 2025

Sentiment Constructing

Analyst Gordon described the present setup as “a pleasant little bit of consolidation” earlier than a possible breakout, including, 

“This will likely be one of many first cash normies FLOCK to & the pump will likely be MASSIVE.”

With whale accumulation rising, high-value transfers rising, and a bullish technical sample in play, DOGE is positioned for a possible push towards $1 if momentum holds.