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.
148,648,464 $DOGE ($9,831,758 USD) was transferred from a #Top20 wallet to a #Top20 wallet.
Fee: 4.87 ($0.32 USD)
Tx: https://t.co/P7Nkz3oG9n#DogecoinWhaleAlert #WhaleAlert #Dogecoin #CryptoNews
— Ðogecoin Whale Alert (@DogeWhaleAlert) March 10, 2023
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.
- 59,387,150 DOGE worth $3.88 million transferred from multiple wallets to a top 20 Dogecoin wallet
- 52,083,860 DOGE worth $3.39 million transferred from multiple wallets to a top 20 Dogecoin wallet
- 50,000,000 DOGE worth $3.24 million transferred from multiple wallets to an unknown wallet
- 30,499,998 DOGE worth $2.01 million transferred from unknown wallet to another unknown wallet
- 27,915,000 DOGE worth $1.84 million transferred from unknown wallet to another unknown wallet
- 24,000,000 DOGE worth $1.58 million transferred from multiple wallets to an unknown wallet
- 16,500,585 DOGE worth $1.07 million transferred from multiple wallets to an unknown wallet
- 16,467,753 DOGE worth $1.07 million transferred from multiple wallets to an unknown wallet
- 16,218,610 DOGE worth $1.05 million transferred from multiple wallets to an unknown wallet
At time of writing, Dogecoin is trading for $0.067. The leading meme crypto asset is down nearly 13% in the last seven days.
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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.