There are only a few hours left before October begins, but whale activity is rising rapidly in dog-themed coins (DOGE). Blockchain Data Tracker Whale Alert was recently reported by millions of Doges who have shifted to Coinbase’s major crypto exchanges.
A total of 196,799,056 Doges have been shifted in two transactions reported by the Whale Alert. This has moved from an unknown wallet to a major crypto exchange Coinbase.
Whale alert reported that DOGE worth $21,714,279 and $23,475,229 worth of $102,233,973 were transferred from unknown wallets to Coinbase.
🚨94,565,083 #Doge (21,714,279 USD) transferred from unknown wallet to #coinbasehttps://t.co/qboocr2mgk
– Whale Alert (@Whale_Alert) September 30, 2025
Deposits on the exchange may indicate the intention to sell, but there may be other reasons. At the time of pressing, Dogecoin had fallen 0.55% over the past 24 hours, down 4.73% per week.
“Uptober” arrives
October is considered positive to the market, and is called “up-to-bar” in cryptographic terminology. Analysts share bullish prospects for the broader crypto market despite last week’s sale and institutional leaks.
The next few weeks will remain important in the Spot Crypto ETF, with the final SEC deadline approaching with numerous filings. The SEC is expected to make decisions regarding Dogecoin ETF filing and other cryptocurrency submissions such as Solana, Litecoin, XRP, ADA, and HBAR.
“Who’s ready for Cointober? It’s starting this week,” said Eric Bulknath, a Bloomberg ETF analyst.
As reported, the SEC has asked publishers, including Doge ETF publishers, to withdraw the 19B-4 filing following approval of the Generic Listing Standard. This, according to Balchunas, made the 19B-4 review clock irrelevant and shifted the approval process to S-1 registration.