Santiment analyzed that DOGE whale activity on on-chain data was recorded as the most active in 6 months. Santiment explained, "In the past 24 hours, 739 transactions over $100,000 occurred. Additionally, 149 wallets holding over 100 million DOGE hold a total of 108.5 billion DOGE (approximately $11.6 billion), which is an all-time high. The increased accumulation by whales is likely related to the recent price surge."
