Summary
- Analyst Ali Martinez reported that whales purchased 250 million Dogecoin during the recent downturn.
- Dogecoin is trading at $0.33955 on the Binance USDT market, up 19.86% from 24 hours ago.
- The market analyzes that the large purchases by whales have contributed to the rise in Dogecoin's price.
It has been revealed that whales have purchased large amounts of Dogecoin (DOGE) during the recent downturn.
On the 20th (local time), virtual asset analyst Ali Martinez announced on X that "whales have purchased 250 million DOGE during the recent downturn."
As of 8:21 PM, Dogecoin is trading at $0.33955 on the Binance USDT market, up 19.86% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
![Dow Tops 50,000 for First Time Ever as “Oversold” Narrative Spreads [New York Stock Market Briefing]](https://media.bloomingbit.io/PROD/news/1c6508fc-9e08-43e2-81be-ca81048b8d11.webp?w=250)
