Dogecoin (DOGE) Whale Ignites Market Frenzy Over 466M Move

• A huge transfer of Dogecoin (DOGE) whale has sparked the rumours again in the market.
• During the dip, DOGE is surpassing Bitcoin and XRP in its performance.
• The bullish traders are looking for a moment towards the $0.20 area.

A massive transaction of 466 million Dogecoin (DOGE) tokens was recorded on chain trackers and attracted the interest of traders and investors. The Whale Alert flagged the transaction when it was moving from one anonymous wallet to another. The value of the transaction at the time was approximately $65.3 million, a figure that would certainly turn heads in any market, especially a volatile one like cryptocurrency.

The sender of the funds was anonymous and, although the recipient wallet was labelled “D6LM15E”, there were no corresponding tags for exchanges or known institutions to be traced back to that account. This is the typical conduct expected of participants in the crypto market. Silence speaks volumes in the crypto world.

Also Read: Dogecoin (DOGE) Faces Brutal 14% February Price Test

Dogecoin Whale Transfer Sparks Speculation

Massive transfers of crypto typically denote an intention, be it to sell assets or accumulate assets. This case illustrates how timing is critical.

It was during a bearish trend that began in 2026 That the massive transfers occurred. Bitcoin price was stagnant, XRP price had returned to the market after leading many of the recent price rallies, as were numerous other crypto assets, nonetheless, DOGE price was unaffected.

There are a number of theories by speculators regarding whether or not this specific whale-transfer of DOGE is demonstrating either a strategic buy-in or is a way for internal wallets to shuffle their holdings within the organisation.

The transaction has generated additional interest in DOGE. Bullish investors have already been discussing and circumventing the normal retail investor process in hopes of generating interest through the festivities of upcoming holiday shopping.

Dogecoin Outperforms as Market Momentum Cools

Dogecoin’s price increased by 1.42% over the last 24 hours. While most of the other major cryptocurrencies fell. Prior to 24 hours, the price of DOGE peaked at $0.1536 and is currently trading at about $0.1466.

Dogecoin has good relative strength. The meme coin’s momentum cycle is aligned with some traders’ expectation that production will continue for DOGE in the next cycle of the market.

Many think that if Dogecoin retains its early-2026 strength, then it has a good chance to increase towards 0.20$. There are no guarantees, only signals.

Dogecoin has moved like this many times. It moved slowly in the past. It is in a position to make a move where few expect it to do so again. With all of the whale buying and the ability to maintain prices at a certain level, this is a reminder that DOGE is still a serious coin.

Also Read: Dogecoin ETF Inflows Hit $2.3 Million as 2026 Memecoin Rally Gains Steam