Rewrite the
TL;DR
- The cryptocurrency market revival in the past ten days or so has benefited certain assets more than others, with the leading meme coin being a prime example.
- Dogecoin’s price rocketed to a two-month peak, while whales have started accumulating en masse, and large traders are opening sizeable longs.
Whales bought 1.08 billion Dogecoin $DOGE in the last 48 hours! pic.twitter.com/vQapyIncRN
— Ali (@ali_charts) July 18, 2025
Data shared by Ali Martinez shows that large DOGE holders have expanded their holdings by more than a billion coins within the span of just two days. To put this amount into a USD perspective, it’s valued at over $250 million at current prices.
This accumulation comes at a time when the OG meme coin’s price has gone through the roof. Recall that it traded at $0.19 on Tuesday, which was a crucial support line. After it bounced off it on a couple of occasions, DOGE went on a roll, shipping beyond $0.25 and reaching its highest price tag since the second week of May.
Moreover, Dogecoin’s price has soared by more than 80% since its bottom on June 23 during the Israel-Iran war.
Aside from whales buying spot, large leverage players have also caught the move upward. Lookonchain reported that an anonymous whale closed a long DOGE position at the top yesterday, profiting more than $2 million. Later, they opened another one, worth over $21 million, going 10x long on the meme coin.
Whale 0x6adb closed his $DOGE long at the top yesterday, locking in a $2.14M profit.
10 hours ago, he jumped back in — going 10x long on 84.08M $DOGE($21.24M), with an unrealized profit of $1.64M.
Smart moves! https://t.co/f3FekXx5yg pic.twitter.com/zc2tYXnLeP
— Lookonchain (@lookonchain) July 19, 2025
From a technical standpoint, analysts believe Dogecoin is poised for a surge to $0.36 or even $0.54, as long as it remains above the critical support level at $0.2.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
in well organized HTML format with all tags properly closed. Create appropriate headings and subheadings to organize the content. Ensure the rewritten content is approximately 1500 words. Do not include the title and images. please do not add any introductory text in start and any Note in the end explaining about what you have done or how you done it .i am directly publishing the output as article so please only give me rewritten content. At the end of the content, include a “Conclusion” section and a well-formatted “FAQs” section.
