Two Whale Wallets Open $4.3M in LINK and DOGE Longs, $8M Pending
On May 26 two onchain wallets opened $4.3M in leveraged longs on Chainlink and Dogecoin and placed about $8M in pending limit orders, lifting potential exposure above $13M.
On May 26 two onchain wallets opened roughly $4.3 million in leveraged long positions across Chainlink (LINK) and Dogecoin (DOGE) and placed more than $8 million in pending limit orders, according to onchain data. If the pending orders execute, combined exposure across the wallets would exceed $13 million.
Wallet 0x3109 opened longs on 27.38 million DOGE, valued at about $2.75 million, and 162,670 LINK, valued at about $1.53 million, for a committed position of roughly $4.28 million. The same wallet submitted limit orders below current market prices for 33.46 million DOGE, priced at $3.31 million, and 515,120 LINK, priced at $4.73 million, representing about $8.04 million in additional potential exposure.
A second wallet, 0x5687, opened a leveraged long on 10.21 million DOGE valued at about $1.03 million. The combined notional value of opened positions and pending orders across both wallets would top $13 million if all orders fill.
At press time LINK traded around $9.44 and DOGE around $0.10123. On the day of the trades LINK was down about 0.27% and DOGE was down about 1.39%.
The limit orders were placed beneath current spot prices. The positions were opened as leveraged longs, which increase notional exposure relative to the capital posted and can be subject to rapid liquidation if prices move sharply against the trades.
Chainlink has been used as oracle infrastructure for tokenized real-world assets in 2026. Dogecoin continues to draw retail trading interest and occasional endorsements from public figures. Market flows in May 2026 showed institutional capital rotating within the crypto sector, with some large-cap bitcoin exchange-traded products seeing outflows while certain alternative tokens attracted fresh inflows.
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