Dogecoin is starting to draw whale interest again as the market pushes higher. Over the past 24 hours, DOGE is up about 5.9%, extending its 30-day gains to roughly 7.6%. Over the last day, this cohort raised its holdings from 17.60 billion DOGE to 17.76 billion DOGE, adding 160 million tokens, roughly $23.5 million in accumulation. On the daily timeframe, Dogecoin has just reclaimed both the 20-day and 50-day exponential moving averages (EMAs).
This setup matters because the last time DOGE reclaimed the 20-day EMA first and then the 50-day EMA in the same sequence was in early July. That move was followed by a rally of roughly 73% and a bullish crossover where the 20-day EMA crossed above the 50-day EMA. The 20-day EMA is now closing in on the 50-day EMA, setting up another potential bullish crossover. From here, the first level whales are watching is $0.154, just 4.6% above current prices; a break above that zone could bring the 100-day and 200-day EMAs into play as resistance and might help DOGE reclaim $0.209.
LINK has seen sustained whale inflows for the second day in a row as prices rise nearly 6% and test a resistance zone after a controlled pullback. Over the past day, whale holdings increased from 503.20 million LINK to 503.42 million LINK, about 220,000 LINK or $3.1 million in fresh accumulation. Uniswap is also seeing cautious whale accumulation, with UNI holdings up 200,000 to 549.57 million and sitting just below its 20-day EMA. The broader market moved higher after US inflation data came in cooler, with December CPI at 2.7% year over year, easing near-term rate-cut expectations.
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