Analysis

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

Giant Dogecoin (DOGE) whales are on the transfer, shifting over half a billion tokens because the crypto markets proceed to see pink.

The whale-watching bot Dogecoin Whale Alert experiences that deep-pocketed holders of the highest meme coin have relocated 527,909,756 DOGE value over $34.63 million within the final 24 hours alone.

One of many largest transactions prior to now day includes an enormous whale transferring 148,648,464 DOGE value $9.83 million to a high 20 Dogecoin pockets – solely paying lower than $5 in switch charges.

One other transaction witnessed the switch of 86,188,336 DOGE value $5.61 million from a pockets of unknown origin to a high 20 Dogecoin pockets. The whale paid about $2.49 in charges to relocate the massive Dogecoin trove. 

The opposite giant transfers of the day principally contain the motion of enormous Dogecoin stacks from a number of wallets to both a high 20 Dogecoin deal with or a pockets of unknown origin. Two transactions noticed the the relocation of Dogecoin troves between unknown wallets.

At time of writing, Dogecoin is buying and selling for $0.067. The main meme crypto asset is down almost 13% within the final seven days.

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