Dogecoin whales acquire 560M DOGE after more ETF speculations – BitRss

• Whales scooped 560 million DOGE ($0.31) amid its latest price dip
• Will Grayscale’s DOGE ETF application fuel recovery odds? 

The original memecoin, Dogecoin [DOGE], continues to attract whale and institutional interest. Especially amid significant Spot ETF speculation in the United States. 

In fact, despite its 23% slump from January’s highs of $0.43, whale entities have scooped 560 million DOGE tokens. This revealed that large players took advantage of the latest price discount to add positions. According to analyst Ali Martinez’s  analysis, 

“Whales have accumulated 560 million #Dogecoin $DOGE in the past week following an intense sell-off, signaling renewed interest from large holders!”