Whales scoop up $112M in Dogecoin as price stalls at key resistance
Dogecoin (DOGE)
Editor:
Eugene Serbin
1millionbacklinks.com reports that whales have accumulated $112M in Dogecoin while the asset's price stalls at key resistance. This whale accumulation suggests potential market volatility, as concentrated holdings can lead to significant price swings upon large trades. The report notes that these concentrated holdings are a key factor in the current market dynamics. The headline highlights the tension between large-scale buying and the current price resistance level.
How the market reacted
Whalio's own Binance spot order flow for DOGE, measured when this story was written up on 29 September 2026. Not the outlet's figures.
Whalio’s Binance spot data for Dogecoin shows a price of $0.09396. The buy ratio is 42.9% over 1 hour and 45.9% over 4 hours, both below the 51.8% seen over 24 hours, indicating that buying pressure is fading in the short term. Volume delta is negative at -$595,163 for 1 hour and -$448,610 for 4 hours, meaning more money is leaving the market than entering it recently. However, the 24-hour volume delta is positive at +$3,720,806, showing that net buying has occurred over the full day. The CVD at 24-hour close is +$2,691,562, confirming that cumulative buying has outweighed selling over the day. Spot volume for the 24 hours is $105,119,995 across 932,780 trades.
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, Dogecoin saw a 5.9% price decline and 0.74x average volume. The 7-day average buy ratio was 51.7%, slightly higher than the 24-hour reading of 51.8%, but the recent hourly and 4-hour ratios show a dip below this average. Volume delta for the 8-day period was +$42,013,388, contrasting with the recent negative hourly deltas. This indicates that while the week saw net buying, the immediate short-term flow has turned negative. The current day is an unusual one compared to the weekly average, with volume at 0.74x the norm.