According to Lookonchain, significant whale accumulation of SUNDOG is underway, as two newly created wallets (TGApPw and TDWWJ) withdrew a combined 40.3 million SUNDOG tokens, valued at $2.09 million, from Bybit just four hours ago (source: Lookonchain on Twitter, May 8, 2025). Additionally, wallets TUbMd and TF4YHc—potentially belonging to the same whale—have withdrawn 28.74 million SUNDOG ($1.47 million) from the exchange. These large-scale outflows from Bybit suggest growing confidence among major holders, which typically signals potential upward price movement and increased interest for traders monitoring SUNDOG's on-chain activity (source: tronscan.org). Such actions may also attract attention in broader crypto market circles, influencing sentiment and liquidity trends.