Whales Accumulate 200M DOGE as Derivatives Sentiment Turns and MoonPay Expands Payments

Dogecoin (DOGE) rebounded as large holders accumulated about 200 million DOGE tokens over the past week, according to on-chain and analytics referenced by multiple reports. One account attributed the buying to whales, citing rising whale holdings to roughly 18.84 billion DOGE, while another reported whales acquired more than 200 million DOGE within seven days as the token traded near recent lows ^{[1] [2]}.

Alongside whale accumulation, DOGE’s market conditions showed signs of stabilization. Reports cited a shift in futures open interest—described as collapsing by more than 40%—and funding rates moving from negative to positive, suggesting improved sentiment. Separate coverage also pointed to broader merchant support for DOGE payments, saying MoonPay expanded its collaboration with House of Doge to enable DOGE transactions across 6,000+ retail locations ^{[3] [4]}.

Overall, the news coverage centers on whale-driven accumulation during a recent price drop and on reported improvements in derivatives sentiment, alongside expanded retail payment access via MoonPay’s DOGE merchant network ^{[3] [1]}.