Dogecoin Whale Activity Hits Two-Month Low Amid Market Consolidation

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Citing Blockchainreporter, Dogecoin whale transactions have reached their lowest level in two months, according to Ali Chart’s on-chain data. Whale activity, defined as transactions from wallets holding 1 million to 10 million DOGE, has declined to levels not seen since late September 2025. The drop coincides with DOGE’s price decline from $0.48 in early November to $0.40 by month-end. Analysts suggest the slowdown indicates a conservative stance among major holders, with reduced network activity and retail participation also observed. Meanwhile, whale accumulation in other chains like Solana remains active.

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