Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Whale Accumulation Fuels Dogecoin's Modest Bullish Bias

Guavy AI Editorial Team
Instruments
DOGE DOG
Share

Dogecoin (DOGE) has been showing signs of a modest bullish bias, trading above its 50-day and 100-day Exponential Moving Averages (EMAs), but capped below the 200-day EMA near $0.094.

Certain whale wallets are accumulating DOGE tokens, according to Santiment's Supply Distribution data, which shows that large-wallet holders have bought 519 million DOGE since Sunday.

The derivatives metrics for DOGE also show a bullish outlook, with CoinGlass' long-to-short ratio reading 1.11 on Tuesday, indicating more traders are betting on the meme coin to rally.

More on Crypto

Crypto 1m ago

AfD's Saxony-Anhalt Victory Strengthens Opposition to German Crypto Tax Plans

Crypto 1m ago

Sweden Orders Six Crypto Firms to Pay $56 Million in Additional Taxes

Crypto 1m ago

Cronos Confirms $9.19M Unrecovered After Tectonic Price Manipulation Attack

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy