Crypto Whales Load Up on LINK and DOGE Longs With Fresh Limit Orders

TLDR

• 0x3109 opened 27.38M DOGE and 162,670 LINK longs, according to reported wallet data.
• 0x3109 placed added limit orders for 33.46M DOGE and 515,120 LINK.
• 0x5687 opened 10.21M DOGE and 108,430 LINK long positions.
• 0x5687 set more limits for 14.66M DOGE and 336,280 LINK below spot.
• Combined open longs total about $6.33M, while reported limit orders total about $12.58M.

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Two Hyperliquid whale wallets have opened large leveraged long positions in Chainlink and Dogecoin, while placing fresh limit orders below spot. The reported activity covers LINK and DOGE positions worth millions of dollars, with more bids waiting on the public book. Traders are now watching whether funding changes before those lower orders fill across 10x markets today for both pairs.

Whale Wallets Add LINK and DOGE Exposure

According to shared wallet data, address 0x3109 opened longs on 27.38 million DOGE. The position was valued at about $2.75 million. The same wallet also opened a long on 162,670 LINK, valued near $1.53 million.

The wallet also placed limit orders for more exposure. These orders covered 33.46 million DOGE, valued at about $3.31 million. They also covered 515,120 LINK, valued at about $4.73 million. Address 0x5687 also showed similar activity on the same two assets. The wallet opened long on 10.21 million DOGE, worth about $1.03 million. 

It also opened longs on 108,430 LINK, worth about $1.02 million. The same wallet placed added limit orders below spot prices. Those orders covered 14.66 million DOGE, valued near $1.45 million. They also covered 336,280 LINK, valued at about $3.09 million.

Limit Orders Sit Below Current Market Levels

The reported data shows two wallets pairing DOGE and LINK positions. DOGE is often linked with meme coin liquidity. LINK is tied to Chainlink, which serves oracle networks across crypto markets. The limit orders are also part of the report. 

They show planned buying below current market levels, rather than market buying at spot. This means the wallets are not only holding open longs, but also waiting for lower entries. Together, the reported open longs are worth about $6.33 million. The waiting limit orders are worth about $12.58 million. 

That total makes the activity visible to other market users on the public book. The shared post also said the wallets used 10x long exposure. Leverage can raise gains, but it can also raise losses. It can also make positions more sensitive to price moves and funding rates.

Traders Watch Funding and Follow Through

Market watchers are focused on whether funding changes before the limit orders fill. Funding rates can affect leveraged positions. They can also show pressure between long and short traders in perpetual futures markets. The activity has drawn attention because both wallets bought the same two assets. 

However, the data alone does not prove a broader market trend. It only shows reported positioning by two public wallets. Some traders described the setup as a mix of infrastructure and meme exposure. That view connects LINK with oracle demand and DOGE with meme market liquidity. The shared post also noted that the comments were “NFA,” meaning not financial advice.

For now, LINK and DOGE remain the main focus of this whale activity report. The next areas to watch are order fills, price reaction, and funding behavior. These points may show whether the added bids become active market positions.

The post Crypto Whales Load Up on LINK and DOGE Longs With Fresh Limit Orders appeared first on CoinCentral.