10 Dogecoin addresses hold around 44% of DOGE's supply.
the top 10 addresses held roughly 69 billion DOGE as of october 21, worth billions at current prices.
but this doesn't mean 10 individuals own all those coins. some of the largest addresses belong to exchanges and custodians holding assets on behalf of thousands of customers.
another detail worth watching: between october 12 and 16, large DOGE holders added around 600 million tokens, taking their reported holdings to 56.21 billion DOGE.
that points to accumulation among large wallets, even as the broader market remains under pressure.
however, whale activity alone doesn't confirm a reversal. what matters next is whether buying demand strengthens and DOGE can sustain its recovery.
with supply so concentrated among large addresses, tracking whale balances and actual market demand remains important for understanding DOGE's next move.
the top 10 addresses held roughly 69 billion DOGE as of october 21, worth billions at current prices.
but this doesn't mean 10 individuals own all those coins. some of the largest addresses belong to exchanges and custodians holding assets on behalf of thousands of customers.
another detail worth watching: between october 12 and 16, large DOGE holders added around 600 million tokens, taking their reported holdings to 56.21 billion DOGE.
that points to accumulation among large wallets, even as the broader market remains under pressure.
however, whale activity alone doesn't confirm a reversal. what matters next is whether buying demand strengthens and DOGE can sustain its recovery.
with supply so concentrated among large addresses, tracking whale balances and actual market demand remains important for understanding DOGE's next move.