Dogecoin Price Slips Despite Whales Buying Over 545M Coins

Dogecoin's price has taken an unexpected turn despite reports of large holders buying over 545 million coins in just 24 hours.

The X account Investments CEO claims that these 'whales' made a significant purchase, but the market did not react as expected, with the price falling by 3.3% on October 3, 2026.

A look at the CoinGecko chart shows that Dogecoin's price touched its high of $0.09785, then fell sharply before recovering part of the loss.

The total value of this purchase is estimated to be around $50.6 million, based on the current market price of $0.0929 per coin.

The Dogecoin community and investors are left wondering why the price did not rise in response to this significant accumulation of coins by large holders.