During last week, saw a notable increase in the activity of the portfolios of large carriers who generally report movements of smart money. According to data on the chain of, the addresses holding between 100 and 1 billion Doge have added approximately 740 million DOGE, worth more than $ 180 million.
Even more revealing, only one whale moved 200 million Doges (worth more than $ 45 million) on and in a private portfolio. These types of movements generally reflect long -term maintenance prospects, rather than short -term speculation.
Data from the pursuit of this feeling, showing that the Holding Doge addresses for more than a year increase regularly. Long -term holders now represent almost 42% of the supply in total circulation, a significant increase compared to the 30% of last year.
In addition, whale transactions exceeding $ 100,000 has increased by more than 320% in the past two weeks, which signals institutional or high interest. These large -scale purchases often precede significant market movements, especially when associated with a decrease in exchange reserves, which Dogecoin has constantly seen in May.
