Dogecoin whales have accumulated 300 million DOGE tokens in the past week as short-term holders capitulate, selling at a loss. The profitability of investors who bought Dogecoin over the past month is currently around 9% following a significant price drop. On August 15, short-term investors sold 271.41 million DOGE at a loss, as a correction occurred between August 13 and 14, leading many to panic sell. In contrast, whales holding between 100 million and 1 billion DOGE capitalized on this price drop to increase their holdings to 26.73 billion DOGE. Experts view this trend as a healthy transfer of wealth from short-term speculators to long-term investors who are more focused on Dogecoin's future potential. The recent filing for a spot Dogecoin ETF and a major corporate acquisition have contributed to this shift in market dynamics, paving the way for a more stable investment environment. This divergence showcases a split in investor behavior, with retail traders often swayed by short-term price fluctuations while institutional players take a long-term view. Consequently, the current market conditions signal a potential consolidation phase for Dogecoin, with strong future prospects.

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