New Wallet Opens $2.25M 10x DOGE Long as Whale Holdings Reach 108.52B DOGE

On May 16, a newly created wallet opened a 10x leveraged long in dogecoin for 20 million DOGE, valued at $2.25 million, with liquidation set at $0.10284. With DOGE trading near $0.1086, the liquidation level sits under 10% below spot, tightening downside room. Separately, large holders have accumulated a record 108.52 billion DOGE while the price consolidates below $0.12.