Dogecoin Surges 12% In A Week As Whale Buying Accelerates

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Large investors piled into Dogecoin (CRYPTO: DOGE), leading to the sharp rally during Sunday’s overnight trading.

Are Whales Driving The Surge?

Widely followed cryptocurrency analyst Ali Martinez highlighted in an X post that whales accumulated 160 million DOGE tokens in the last 96 hours. The accumulation totaled roughly $18 million at prevailing prices.

160 million Dogecoin $DOGE were accumulated by whales in the last 96 hours. pic.twitter.com/enrZmDxAcJ

— Ali Charts (@alicharts) May 3, 2026

Institutions Snap Up DOGE

Spot exchange-traded funds rode the bullish wave, as the Grayscale Dogecoin Trust ETF (NYSE:GDOG), 21Shares Dogecoin ETF (NASDAQ:TDOG), and Bitwise Dogecoin ETF

Full story available on Benzinga.com

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