NewsBTC •
February 4, 2026 at 16:00 •
Analysis
Just one month into 2026, Dogecoin’s on-chain wealth metrics are already revealing a notable change. Data tied to wallet balances shows that a meaningful share of DOGE’s highest-value holders has dropped out of the millionaire bracket since the start of the year. The change has unfolded quickly and lines up with a period of price weakness, which makes it necessary for closer attention to what is happening behind the scenes among Dogecoin’s largest holders. Finbold Data Shows A 10% Drop In Dogecoin Millionaire Wallets The number of Dogecoin wallets in the millionaire threshold has fallen notably since the beginning of 2026, but this is not surprising considering the price action of the meme coin during this period. This trend is revealed through data from the Dogecoi...
