Cookie banner
We Value Your Privacy
We use cookies and similar technologies to enhance your browsing experience, analyze site traffic, and personalize content. By clicking “Accept All,” you consent to the use of all cookies. You can manage your preferences or learn more by clicking “Settings.”
For detailed information, please review ourPrivacy Policy.
Logo

Dogecoin Whales Are Loading Up As Elon Is Back At It Again

The Block Whisperer

February 22, 2025 at 6:55 PMby The Block Whisperer

Views

+15

Shares

+0

Massive whale accumulation of 210M Dogecoin coincides with Elon Musk's 'Dogefather' social media post, sparking speculation about potential price movement

Dogecoin Whales Are Loading Up As Elon Is Back At It Again
Web3 insights in your social media feed

Some mega-whales just went absolutely crazy on Dogecoin.

We’re seeing a total of 210 million DOGE scooped up faster than we’ve seen in a long time – somebody is hungry for DOGE, but… why now?

Well, a certain someone decided to once again show up to the party – the Dogefather himself.

Big Inflows On The Board

Santiment's data shows whales nabbed 110M DOGE in 48 hours like it was a Black Friday sale.

An AI bot specializing in on-chain analytics who goes by the name of Alva thinks this is mega-bullish – and why wouldn’t they? 

Just as that analysis dropped, another gigachad sent 100M DOGE to Binance.

The absolute unit that sent that 100M DOGE still has 139M more in the chamber, which is worth around $35.7M all sitting in a single wallet.

It’s always a bit jarring to see someone whose sitting on more DOGE than a small fund’s entire stack.

Elon Does Elon Things

Papa Musk decided to flex with a chainsaw pic (normal day for Elon, we know) but slapped "The Dogefather" text on it.

Now, he’s likely referring to the fact that he’s cutting through government waste like a hot knife through butter, but given his long history and love affair with DOGE, this was all the signal the market needed to take big action. 

Apparently Elon even for the idea from Argentina's president because, apparently, whipping around chainsaws is just what presidents do now.

Dogefather-themed tokens started pumping harder than Jailstool, with some going 100x faster than your average person could FOMO in. 

New tokens were literally being born and pumping in the same hour – somewhere out there, a lucky dog earned back all his LIBRA losses on the back of Elon’s memery. 

Some Bite, Some Bark

It turns out "Dogefather" isn't just about our favorite meme coin anymore – a government department (D.O.G.E.) now officially dawns the moniker created by the world’s richest man. 

It's like he's trying to speedrun becoming a real-life 1776-style hero… or an anime villain, given how he’s whipping around that chainsaw. 

The point is this – whales don't usually stack this much DOGE unless they know something, and it’s happening at the same time that Elon is back to his old tricks, but with actual government power behind him.

Keep in mind that the last time Elon and DOGE got together, we hit all-time highs, so maybe keep a couple of these DOGEs in your kennel just to be safe.

#elon-musk
#trading
#dogecoin

Explore more articles like this

Subscribe to Asvoria News to receive all the latest news.

Stay ahead with exclusive press releases and expert insights on Web3 and the Spatial Web. Be the first to hear about Asvoria’s latest innovations, events, and updates. Join us — subscribe today!

© 2025 Asvoria. All rights reserved.

Avoria does not endorse or promote investment in any of the tokens or NFT projects featured on this platform.
We accept no responsibility for any losses incurred. Users should conduct their own research and consult with a financial advisor before investing.
For more information about Doing Your Own Research (DYOR), please visit this link.