Dogecoin Whale Loads Up 215,370,734 DOGE in Single Transaction As Top Memecoin Struggles To Take Off

One of many largest Dogecoin (DOGE) whales in existence wolfed up tons of of hundreds of thousands of tokens because the main memecoin continues to consolidate.

Blockchain-monitoring service Dogecoin Whale Alert initially noticed the huge DOGE transaction price over $16.96 million.

In line with Dogecoin Whale Alert, the massive whale acquired 215,370,734 DOGE from a top-20 Dogecoin pockets. The sending pockets paid lower than $5 to course of the multi-million-dollar transaction.

BitInfoCharts reveals that the receiving pockets additionally collected 36,834,503 DOGE price $2.88 million a number of hours after buying the massive Dogecoin stack. At time of writing, the whale in query has amassed 3,858,987,551 DOGE price over $337 million.

BitInfoCharts additionally finds that the investor with deep pockets is the second-largest non-exchange Dogecoin whale on the earth.

As for the opposite massive transactions involving the highest memecoin previously day, Dogecoin Whale Alert reveals {that a} deep-pocketed investor moved 58,058,885 DOGE price $4.55 million from an unknown pockets to a different unknown pockets.

In one other transaction, a whale relocated 38,295,136 DOGE price over $3 million from a pockets of unknown origin to a top-20 pockets.

The sequence of Dogecoin transactions within the final 24 hours comes because the main memecoin struggles to generate a sustainable rally. At time of writing, DOGE is buying and selling for $0.08, down almost 14% within the final seven days.

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