Two whale wallets opened long positions in chainlink (LINK) and dogecoin (DOGE) within 24 hours. Wallet 0x3109 committed about $4.28 million already, including 27.38 million DOGE worth $2.75 million and 162,670 LINK worth $1.53 million. The same wallet placed additional limit orders below current prices, including 33.46 million DOGE for $3.31 million and 515,120 LINK for $4.73 million, plus $8.04 million in pending exposure if triggered. A second wallet, 0x5687, opened longs on 10.21 million DOGE worth $1.03 million. If all limit orders execute, combined notional exposure across both wallets would exceed $13 million.
"The first wallet, identified as 0x3109, has opened longs on 27.38 million DOGE valued at $2.75 million and 162,670 LINK valued at $1.53 million, a combined $4.28 million already committed. LINK currently trades at $9.44 while DOGE sits at $0.10123 (at press time). Wallet 0x3109 has also placed significant limit orders below current prices, namely 33.46 million DOGE at $3.31 million and 515,120 LINK at $4.73 million (as well as a further $8.04 million in pending exposure if triggered)."
"A second wallet, 0x5687, has separately opened longs on 10.21 million DOGE valued at $1.03 million. If all limit orders execute, total combined positions across both wallets would exceed $13 million in notional value. Onchain metrics showing wallet 0x5687's long positions on HYPE and DOGE, per Hypurrscan.io"
"The simultaneous targeting of two seemingly unrelated assets, i.e., chainlink, a decentralized oracle network, and dogecoin, a proof-of-work coin originally launched as a meme, seems to reflect two parallel yet completely independent investment theses playing out in real time. Chainlink has been a consistent beneficiary of the real-world asset tokenization trend in 2026, as its oracle infrastructure is widely used to price and settle tokenized assets onchain. Dogecoin, on the other hand, has continued to attract speculative interest from its large retail following and periodic endorsement by high-profile public figures."
Read at news.bitcoin.com
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