DavidTheBuilder

Dogecoin ( $DOGE) is consolidating near $0.23, and on-chain data from Santiment reveals a notable shift in holder behavior.

📊 Retail wallets (100–10K DOGE) are declining, signaling profit-taking after the recent rally. But here’s the kicker: large holders (100M–1B DOGE) are accumulating — a sign of growing confidence from institutional-sized players.

This divergence suggests the recent correction may be temporary. If $0.23 holds as support, the combination of whale demand and cooling retail froth could lay the foundation for a renewed breakout.

🧠 I’m watching for a move toward $0.29–$0.32 if bullish pressure resumes.

#Dogecoin #DOGE