The crypto market showed signs of recovery heading into Christmas, sparking hopes of a holiday rally. Among the standout moves, Dogecoin (DOGE) whales accumulated 270 million tokens worth approximately $89.64 million in the last 96 hours, according to crypto analyst Ali.
Such significant accumulation often occurs during price consolidations or dips, signaling potential optimism for price gains. DOGE is currently stabilizing after a market-wide sell-off pushed its price to $0.261 on December 20.