Lookonchain
Two whale wallets have opened sizable long positions on $DOGE and $LINK, stacking roughly $7.9M in active exposure with another $12.6M in resting buy orders layered beneath the market.
Wallet 0x3109 currently holds 27.38M $DOGE (about $2.75M) and 162,670 $LINK (about $1.53M) in open longs, with limit orders to add 33.46M $DOGE ($3.31M) and 515,120 $LINK ($4.73M). Wallet 0x5687 is positioned with 10.21M $DOGE ($1.03M) and 108,430 $LINK ($1.02M) live, plus 14.66M $DOGE ($1.45M) and 336,280 $LINK ($3.09M) in resting buy orders.
Why it matters
When two independently sized wallets converge on the same directional bias across two unrelated majors, it reads less like a single trader's idiosyncratic bet and more like a coordinated tilt toward high-beta alts ahead of a broader risk-on window. Both $DOGE and $LINK carry outsized beta to $BTC and $ETH swings, so layered longs of this size imply the wallets expect a constructive liquidity backdrop rather than a defensive posture.
Market impact
Combined, the two accounts have committed roughly $20.5M in notional $DOGE and $LINK exposure once the resting orders fill. The bid is dispersed across two assets, which dilutes the per-token price impact but extends the timeline: these orders can take days to clear at tight spreads, providing a slow-burn support rather than a single wick.
Source: [HypurrScan Beta](https://hypurrscan.io/address/0x3109eb59201623fe283d1b110b054e52222f6183#orders)
Frequently asked questions
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Which wallets are behind the $LINK and $DOGE longs?
Two wallets tracked on HypurrScan — 0x3109 and 0x5687 — have opened long positions on both tokens, with additional limit orders queued to add more.
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How much total exposure do the whales have on $DOGE?
The two wallets together hold roughly 37.59M $DOGE live (~$3.78M) with another 48.12M $DOGE (~$4.76M) in resting buy orders, putting combined notional near $8.54M once filled.
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How much total exposure do the whales have on $LINK?
The two wallets together hold roughly 271,100 $LINK live (~$2.55M) with another 851,400 $LINK (~$7.82M) in resting buy orders, putting combined notional near $10.37M once filled.
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Why are $DOGE and $LINK long bets significant together?
Both are high-beta alts that amplify moves in $BTC and $ETH. Two independent wallets taking the same directional tilt across both signals reads as a coordinated risk-on posture, not a single trader's bet.
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What would invalidate the whale long thesis?
A breakdown in $BTC or $ETH liquidity, a macro shock that hits risk assets broadly, or a sharp funding-rate flip on the perps where the longs are sitting would all undermine the bid. Watch $BTC's range and the perps funding rate for the leading signal.
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