Dogecoin Whales Build $11.6B Holdings as DOGE Targets $0.1172

Dogecoin (DOGE) is drawing fresh trader focus as whale activity rises and large holders reach record balances. Santiment data cited in the report shows DOGE whale transactions at a six-month high, with 739 transfers above $100,000 in one day. It also notes 149 wallets holding at least 100 million DOGE each, controlling about 108.52B DOGE (≈$11.6B). Price momentum is improving: DOGE is up about 14% over the past 10 days and briefly tested $0.11 before pulling back. The article frames this consolidation-era accumulation as supportive of a potential “floor,” but warns that accumulation alone doesn’t guarantee a breakout. Technicals highlighted by analyst Ali Martinez put $0.1018 as the key level, with DOGE moving above it after prior activity spikes. The next upside reference is $0.1172 (upper boundary of a short-term channel). Derivatives positioning adds both momentum and risk. CoinGlass shows DOGE open interest rising to above 1.6B DOGE, with major venues including Binance, Gate, Bitget, Bybit, and OKX. If price pushes up with open interest, it suggests new positions; if DOGE slips back below the breakout zone, liquidation risk can accelerate. For traders, the near-term bias is bullish while DOGE holds above $0.1018 and attempts a move toward $0.1172. Watch for fakeouts and leverage-driven pullbacks.