Dogecoin Whales Bought 200 Million DOGE Last Week: What's Going On?

Brag House Holdings, Inc.

Brag House Holdings, Inc.

TBH

0.00

Dogecoin (CRYPTO: DOGE) whales accumulated over 200 million tokens last week as House of Doge and MoonPay launched DOGE Pay, bringing native Dogecoin payments to more than 6,000 merchants.

House Of Doge And MoonPay Launch DOGE Pay Across 6,000 Merchants

House of Doge, the official corporate arm of the Dogecoin Foundation, announced a partnership with MoonPay on Monday that brings native Dogecoin support to MoonPay’s existing network of over 6,000 merchants. 

The collaboration also introduces DOGE Pay, a Dogecoin-first checkout solution planned for Q3 rollout, with a competitive 1% processing fee and streamlined merchant onboarding.

MoonPay Commerce enables merchants to accept crypto payments across online, in-app, and point-of-sale environments with instant conversion into fiat or stablecoins. 

House of Doge CEO Marco Margiotta framed the deal as the infrastructure needed to match Dogecoin’s community size with real-world utility. 

MoonPay President Keith Grossman added that Dogecoin has one of the largest communities in crypto but until now lacked merchant infrastructure to convert that community into spending volume.

Brag House Holdings (NASDAQ:TBH), which merged with House of Doge, called the deal a direct path to converting the Dogecoin community into measurable recurring commerce volume for public market shareholders.

Whales Accumulating As Daily SAR Flips Bullish For First Time In Months

Crypto analyst Ali Charts flagged the 200 million DOGE accumulation on X Tuesday, pointing to whale buying as DOGE trades at $0.085. 

Beyond the whale activity, the chart is showing its strongest intraday setup in weeks. The daily SAR flipped to $0.07782, now sitting below price for the first time in months, a bullish signal. 

On the 30-minute chart, price broke above the descending channel that compressed it since June 8, with a double RSI bull divergence firing at the lows.

Holding above $0.0850 and clearing the 20 EMA at $0.09286 targets $0.09782 then $0.10205. 

Losing the daily SAR at $0.07782 invalidates the recovery and opens $0.0750 then $0.0700. The $0.0800 structural floor remains the key level separating a bounce from a breakdown.

Image: Shutterstock

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