Dogecoin millionaire buys 480 million coins in 48 hours, DOGE price soars?

Jakarta, Pintu News – In an uncertain crypto market environment, bold investment decisions are still being made by some market participants. Most notably by Dogecoin millionaires, who recently bought up to 480 million Dogecoin (DOGE) coins in just 48 hours. This activity reflects their confidence in the potential price rise of the popular meme coin.

Martinez Analysis

According to analyst Martinez, who cited on-chain data from Santiment, the group of Dogecoin holders who own between one million and 100 million DOGE has shown significant buying activity. In the past two days, they have accumulated about $71.8 million worth of Dogecoin. This indicates an aggressive accumulation strategy amidst a volatile market.

This purchase comes amid Dogecoin’s daily trading volume of $1.26 billion, according to CoinMarketCap. Although the amount purchased represents only 5.69% of the total daily trading volume, its impact on the price is significant. Spot purchases like this tend to have a greater influence on the price compared to the opening of long leveraged positions.

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DOGE Price Development

During this 48-hour period, the Dogecoin price increased by approximately 2.5%, reaching a local peak at $0.1534 before declining. This position coincides with the price moving average of the last 23 days, which is often a resistance point for further price movements. This suggests a normal market reaction to such resistance levels.

The question that arises now is whether this massive buying by Dogecoin millionaires will push the price even higher. Although they have made significant purchases, the market is still showing signs of resistance. However, with continued buying, there is potential that they could influence the market further.

DOGE Outlook End of 2025

This analysis shows that while the crypto market is currently full of uncertainty, there are opportunities to capitalize on. Big investors like Dogecoin millionaires seem to be taking advantage of this volatility to increase their holdings. This could be an indicator that they see long-term growth potential in Dogecoin.

By understanding these dynamics, other investors may also be interested in considering Dogecoin as part of their portfolio. However, it is important to conduct in-depth market analysis and understanding before making an investment decision, especially in a highly volatile market like crypto.

Conclusion

The accumulation of Dogecoin by millionaires shows confidence in the long-term value of the coin. Although the market is currently full of uncertainty, their actions could be a positive signal to other investors. However, any investment decision should be based on careful analysis and a deep understanding of the risks involved.

Also Read: Decisive Week: XRP Braces for a Huge December 2025 Surge!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

FAQ

Q1: How much Dogecoin (DOGE) have Dogecoin millionaires bought recently?

A1: Dogecoin millionaires have bought as much as 480 million Dogecoin (DOGE) in 48 hours.

Q2: How much is the Dogecoin purchase worth in US dollars?

A2: The value of the purchase was approximately $71.8 million.

Q3: What effect will these purchases have on the Dogecoin price?

A3: This purchase has caused the Dogecoin price to rise by about 2.5% in 48 hours.

Q4: Are these purchases made through spot or leveraged transactions?

A4: These purchases are made through spot transactions, which tend to have a greater impact on prices.

Q5: Is it the right time to invest in Dogecoin?

A5: Despite positive indications from Dogecoin millionaires, any investment decision should be based on careful analysis and a deep understanding of the risks involved.

Reference

• U.Today. Dogecoin Millionaires Buy 480,000,000 DOGE in Just 48 Hours, Meme Coin Price Reacts With Twist. Accessed on December 5, 2025