DOGE Whales Boost Price with 180M Token Buy

Dogecoin whales added 180 million tokens during the latest market drawdown, supporting a 1.69% rebound to $0.0708.

The wallets holding between 10 million and 100 million DOGE increased their supply share from 11.85% to 11.97%, but still remain below their recent peak.

Derivatives positioning has improved, with open interest near $1.17 billion and a positive funding rate, indicating long-side positioning.

The breakout level at $0.074 remains the nearest upper boundary, while $0.0676 is the lower support level.