Whales Suddenly Move Over 776,000,000 Dogecoin Following DOGE Bounce – Here’s Where the Crypto Is Headed
Deep-pocketed crypto investors are abruptly moving hundreds of millions of Dogecoin (DOGE) as the top memecoin bounces from its monthly low. Blockchain-monitoring platform Whale Alert initially spotted the large Dogecoin transactions to the tune of 776,351,068 DOGE worth $48.47 million. The largest Dogecoin transaction in the past day involves a crypto whale moving 308,390,532 DOGE worth $19.22 million from Binance into a wallet of unknown origin.
– A crypto whale moved 308,390,532 DOGE worth $19.22 million from Binance to an unknown wallet.
– Another whale shifted 253,419,377 DOGE worth $16.05 million from Robinhood to an unknown wallet.
– A large Dogecoin holder relocated 129,673,539 DOGE worth $7.90 million from Robinhood to a wallet of unknown origin.
– 84,867,620 DOGE worth $5.30 million was moved from an unknown wallet to Robinhood.
– The Dogecoin movements come as the memecoin tries to recover from last week’s market woes.
Whale Alert shows that the DOGE investor paid virtually nothing to relocate the huge Dogecoin stack. The large Dogecoin movements come as the leading memecoin tries to recover from last week’s market woes. On August 18th, Dogecoin printed a monthly low of $0.059 amid the crypto sell-off. DOGE has bounced since and is trading for $0.064 at the time of writing.