DogeGod Claims Large Holders Bought 600 Million Dogecoin in 48 Hours

DogeGod claimed Oct. 22 that large holders bought 600 million Dogecoin (DOGE) in the preceding 48 hours, valuing the claimed purchases at about $48 million. The post did not identify wallet addresses or explain how the figure was measured.

Large-holder balances were estimated to rise by about 600 million DOGE between Oct. 12 and Oct. 16. The figure reflected a balance change and does not show when the tokens were acquired or their purchase price.

DOGE’s UTC daily closes rose from $0.079692 on Oct. 19 to $0.081731 on Oct. 20 and $0.081916 on Oct. 21. The gains did not establish a sustained rebound.