Crypto News & Watchlists

Dogecoin Whales Move 527,909,756 DOGE Amid Sustained Market Correction – Here’s Where the Crypto Is Going

Large Dogecoin (DOGE) whales are on the move, shifting over half a billion tokens as the crypto markets continue to see red.

The whale-watching bot Dogecoin Whale Alert reports that deep-pocketed holders of the top meme coin have relocated 527,909,756 DOGE worth over $34.63 million in the last 24 hours alone.

One of the largest transactions in the past day involves a massive whale transferring 148,648,464 DOGE worth $9.83 million to a top 20 Dogecoin wallet – only paying less than $5 in transfer fees.

Another transaction witnessed the transfer of 86,188,336 DOGE worth $5.61 million from a wallet of unknown origin to a top 20 Dogecoin wallet. The whale paid about $2.49 in fees to relocate the large Dogecoin trove. 

The other large transfers of the day mostly involve the movement of large Dogecoin stacks from multiple wallets to either a top 20 Dogecoin address or a wallet of unknown origin. Two transactions saw the the relocation of Dogecoin troves between unknown wallets.

At time of writing, Dogecoin is trading for $0.067. The leading meme crypto asset is down nearly 13% in the last seven days.

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/jamesteohart/MrArtHit

The post Dogecoin Whales Move 527,909,756 DOGE Amid Sustained Market Correction – Here’s Where the Crypto Is Going appeared first on The Daily Hodl.

Leave A Reply

Your email address will not be published.

No coins selected