Will Dogecoin Surge? Major Investors Acquire 150 Million DOGE

Dogecoin (DOGE), the most popular meme coin, is drawing a lot of interest from large investors, also known as “whales.” As per statistics from Santiment, a prominent crypto analytics company, whales have bought 150 million DOGE in a mere three days.

This enormous buy happened when DOGE was moving sideways around an important support level of $0.185. This shows that big investors are using lower prices to purchase additional tokens with expectations of a price surge in the future. While there were apprehensions of a fall again, their investment proves that there is great confidence in Dogecoin’s long-term future.

Dogecoin Price Shows Mixed Signals

Currently, Dogecoin is at around $0.19, an 8% decline in the last 24 hours. Yet, there has been a 50% increase in trading volume, a sign of increasing investor interest. Rising trading volumes indicate that though prices may go down in the short term, most traders continue to believe in DOGE’s potential for increase. This rising market participation is perhaps an initial indicator of an impending price move.

Technical Analysis: DOGE Price Outlook and Targets

A popular crypto analysis website indicates that DOGE’s price is in a tight range, i.e., it is not showing large upward or downward movements. It is currently testing a crucial support level of $0.185. If Dogecoin can break above the $0.21 resistance level and close above it on the daily chart, a 20% rally is possible, taking the price to $0.25 in the next few days.

Another essential indicator, the Relative Strength Index (RSI), is at present 35. RSI gauges price momentum, and below 50 indicates weaker buying pressure. That may be the reason DOGE is failing to pick up upward momentum right now.

$43 Million Worth of DOGE Moves Off Exchanges

One of the dominant trends in the Dogecoin market is the exchange withdrawal of massive amounts of DOGE. In the past 48 hours, nearly $43 million in DOGE has been withdrawn from trading platforms. According to data provided by Coinglass, a platform that monitors cryptocurrency, the trend has persisted since early February 2025.

Typically, when investors withdraw money from exchanges, it is an indication that they would rather keep their assets in individual wallets rather than sell them shortly. This is a sign that the majority of investors are optimistic about the price recovery of Dogecoin and prefer to keep their assets safe in individual wallets.

Investor Sentiment and Future Price Predictions

Looking at various factors—such as whale accumulation, exchange withdrawals, and technical signals—investors seem optimistic about Dogecoin’s future. Nevertheless, short-term volatility is always a possibility before a more solid upward trend occurs.

Big players are strategically buying DOGE at cheap prices, hoping for a rally in the future. If their assumptions are proven true, they will be able to make handsome profits when the market recovers.