Whale investors buy $150 million worth of Dogecoin

Son Min

Summary

It was reported that whale investors purchased large amounts of Dogecoin worth more than $158 million.
They said the US's first Dogecoin exchange-traded fund (ETF), 'DOJE', recorded $17 million in trading volume on its first day.
They said this movement reflects the market's high interest in Dogecoin.

Whale investors appear to have purchased large amounts of Dogecoin (DOGE).

On the 19th (local time), crypto asset analyst Ali Martinez said on X (formerly Twitter), "Whale investors have accumulated more than $158 million worth of Dogecoin."

Earlier, the US's first Dogecoin exchange-traded fund (ETF), 'DOJE', recorded $17 million in trading volume on its first day of listing, demonstrating high market interest.

DOGE