Crypto Whales Accumulate DOGE, BTC, and XRP, Defying Market Dip

Crypto Whales Accumulate DOGE, BTC, and XRP Amid Market Dip

Key points:

• Middle East crisis triggers market dip.
• Retail investors fuel recent selloff.
• Crypto whales accumulate DOGE, BTC, and XRP.

Analysts attribute the recent crypto market dip to the ongoing Middle East crisis. However, long-term investors, known as "whales," have shown resilience to short-term fluctuations.

One analyst from Altcoin Buzz podcast believes that whales are accumulating assets in anticipation of a potential year-end rally. The analyst observes that whales are buying Dogecoin (DOGE), Bitcoin (BTC), and XRP, based on different reasons.

The analyst highlights comments from crypto analyst Ali Martinez, who noted a surge in activity within the Dogecoin ecosystem. Martinez suggests that DOGE may see significant growth.

This article first appeared on Coin Edition.