A top Dogecoinย (DOGE) whale transferred greaterย than $396.8 Million worth of the memecoin to another top wallet across a series of transactions on Monday.
The unknown whale sent a total of 5.44 Billion Dogecoinย (DOGE) across 7 transactions that all tookย place in less than 10 minutes on Monday afternoon, reportsย by cryptocurrency data website BitInfoCharts.
The unknown receiving wallet rose from being the fifth- largest Dogecoinย (DOGE) address in the world at the beginning of the week to the second-largest wallet atย theย momentย ofย writing. It asย ofย now holds around 8.84 Billion Dogecoinย (DOGE) worth greaterย than $643 million.
The sending wallet dropped down in the rankings from a top-10 address to the 19th- largest wallet after the 7 transactions, though it has since risen back up to the fifth spot after receiving greaterย than 5.46 Billion Dogecoinย (DOGE) across two separate transactions on Tuesday morning.
The sending whale asย ofย now holds around 6.27 Billion Dogecoinย (DOGE) worth greaterย than $456 Million, reportsย by BitInfoCharts.
The richest Dogecoinย (DOGE) address in the world is asย ofย now Robinhoodโs wallet, which holds around 22.6 Billion Dogecoinย (DOGE) worth greaterย than $1.6 billion. The retail trading giantโs holdings represent 16.23 percent of Dogecoinโs total supply.
Dogecoinย (DOGE) is currentlyย worth nearly $0.0729 atย theย momentย ofย writing. The ninth-ranked cryptocurrency investment by marketย capitalization is down 0.43 percent in the past 24 hours.
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