Whales Load Up on DOGE Amid Price Correction

Despite a three-week price correction for Dogecoin (DOGE), large holders, also known as whales, have increased their DOGE holdings by over 240 million tokens. This indicates confidence in the memecoin's potential rebound. The current price of DOGE trades near a key 0.618 Fibonacci retracement level but faces strong selling pressure due to profit-taking and reduced open interest in futures markets.

The bulls need Dogecoin to hold above $0.080 for any attempt at recovery towards $0.10. As of September 15, 2026, DOGE trades at Rp1.466 on Pluang, showing a 1-day decline of 1.15%. The market cap is Rp250.94 trillion with a 24-hour trading volume of Rp11.9 trillion.

The platform's order activity leans slightly bullish with 58% buy orders, while the typical hold time is 109 days, indicating some investors maintain confidence amid volatility.