{"content":"Whales Are Back — Is Dogecoin Set for Liftoff? 🚀 As Dogecoin's price approaches a technical ceiling, Santiment's data and market commentators show that the largest investors have quietly increased their positions for four weeks while network activity increases. The whale accumulation chart's grey region showed DOGE on April 13 rising to slightly about 26.0 billion by May 13. Large investors absorbed 1.4 billion DOGE, worth over $300 million at spot rates, even as the token climbed. Though it peaked at 26.5 billion DOGE on May 10, the cohort owned 25.97 billion DOGE at the snapshot. Money seems to drive network activity. A second Santiment dashboard shows daily active addresses rising from the low five-figures in mid-April to 680,000 on May 12-13 before dropping to 69,200 on May 15. Transaction volume in US dollars has also increased, reaching $1.21 billion and $549.96 million at the latest reading. The number of transactions worth more than $1 million, represented in purple on Martinez's graphic, increased within the same timeframe, suggesting that large-ticket trades are driving the activity boom rather than retail churn. The tape of flows is positive, but the price chart suggests the market is at a key point. DOGE is trading at $0.2277 on Martinez's three-day candle chart and approaching a supply wall between $0.24 and $0.26. The gray horizontal zone supported December 2024 and became resistance following the mid-February collapse. Martinez has issued numerous clear rejections with downward arrows. According to Martinez, a daily close above $0.2600 would create a vacuum up to the psychological $0.3000 level, which “could spark a new bull run.” If the barrier is not cleared, the price might return to the April basis structure around mid-$0.1700. Whether the current accumulation is the start of a broader upward campaign or just another range-bound flurry depends on whether demand can overcome the $0.24-$0.26 wall. The whales have gambled, and the market awaits price. #DOGE #BinancePizza #BinanceAlphaAlert #CryptoRegulation $DOGE ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/17/c78190c704ba41ecbb842b8cd626318c.png"],"tags":[],"tradingPairs":["DOGE/USDT"],"quotearticleid":0}