DOGE jumps 9.75% as whales accumulate 400 million tokens
Dogecoin (DOGE)
Editor:
Eugene Serbin
tradersunion.com reports that Dogecoin rose 9.75% following a surge in demand from large holders. These investors purchased over 400 million DOGE within a five-day period. This accumulation coincided with the return of inflows into spot exchange-traded products.
Technical indicators support the move, with DOGE trading above all major moving averages. The price sits at $0.09265, above the MA-20, MA-50, and MA-200. A golden cross and a robust support zone near $0.0813 further underscore buying momentum.
Approximately 35 billion DOGE have historically traded near this support level. The Ichimoku Kijun at $0.08485 acts as support, while the near-term ceiling is $0.09758. Analysts note that whale accumulation and bullish patterns drive this strong momentum. The MA-50 vs MA-200 alignment remains bearish, which tempers long-term optimism.
How the market reacted
Whalio's own Binance spot order flow for DOGE, measured when this story was written up on 5 September 2026. Not the outlet's figures.
Whalio data shows Dogecoin trading at $0.08477 with a 1-hour buy ratio of 52.6% and a 4-hour buy ratio of 57.1%. These short-term ratios indicate active buying pressure, contrasting with the 24-hour buy ratio of 48.9%. The 1-hour volume delta is positive at $400,404, while the 4-hour delta is significantly higher at $7,268,958. However, the 24-hour volume delta is negative at -$1,743,284, suggesting net selling over the full day. The cumulative volume delta closed at +$7,767,696, with net buying occurring for 17 of the last 24 hours. This indicates that while recent hours saw aggressive buying, the daily trend remains mixed.
The latest daily buy ratio of 37.6% sits at the 0th percentile of the last 322 days, against a median of 48.9% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for DOGE, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.9%, matching the latest 24-hour reading exactly. Spot volume was 1.57 times the average, indicating significantly higher activity than usual. Despite this volume spike, the price changed by only -0.6% over eight days. The total volume delta for the week was -$9,796,251, showing net outflows over the longer period. Only three of the seven days saw net buying, highlighting the inconsistent nature of the recent trend.