Elon Musk's influence on Dogecoin price movements has been well-documented over the years. Unsurprisingly, savvy investors are now looking
Highlighting Elon Musk's immense influence on Dogecoin price movements, on-chain data reveals that Dogecoin whale investors swiftly adjusted their strategies in response to Musk's latest X.TV announcement on September 3.
According to IntoTheBlock's Large Holder Netflow chart, large investors holding at least 141M DOGE (0.1% of total circulating supply) made substantial net-investments.
This activity suggests that large investors anticipated a potential price upswing following Musk's announcement, indicating their optimism toward DOGE price movements in response to Musk-related news.
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