Dogecoin Whales Buy 230 Million DOGE in 24 Hours as Price Breaks Key Level

• Crypto market cap climbs to $3.87T, altcoins outperform Bitcoin’s gains.
• Whales buy 230M DOGE in a day, following August 6’s 1B DOGE surge.
• DOGE eyes breakout above $0.22, could target $0.28–$0.29 next.

The crypto market shows a strong recovery rally today, with its total market value climbing to $3.87 trillion, up 3.59%.

Altcoins surged over Bitcoin’s modest gains of just over 2%, as Ethereum jumped more than 7% to cross $3,900, and XRP surged nearly 13% on lawsuit dismissal news. Dogecoin, Cardano, and Solana also recorded strong increases, while Stellar led the pack with over 16% growth. 

Dogecoin Whales Keep Buying

However, one altcoin has caught the attention of whales. Dogecoin (DOGE) has seen major whale activity in the past day, with large holders purchasing more than 230 million DOGE, according to analyst Ali Martinez. This follows a surge on August 6, when whales bought over 1 billion DOGE in 24 hours.

230 million Dogecoin $DOGE bought by whales in 24 hours! pic.twitter.com/dYiCadxLtz

— Ali (@ali_charts) August 8, 2025

Martinez also added that Dogecoin is trading in a historically strong “buy zone,” a range that has triggere…

The post Dogecoin Whales Buy 230 Million DOGE in 24 Hours as Price Breaks Key Level appeared first on Coin Edition.