HomeAltcoinDogecoin Whale abruptly moves 623,387,760 DOGE in a bulk transfer – this...

Dogecoin Whale abruptly moves 623,387,760 DOGE in a bulk transfer – this is where the crypto goes


A mysterious Dogecoin (DOGE) whale was on the move over the weekend, reallocating tens of millions of dollars into the top meme crypto asset.

The Dogecoin Whale Alert blockchain monitoring service initially detected the large DOGE transaction.

According to Dogecoin Whale Alert, a deep-pocketed investor transferred 623,387,760 DOGE worth almost $47 million from a wallet of unknown origin to another unknown wallet. The whale paid less than $1 to move the big pile of Dogecoin.

The blockchain tracking service also reports on other large Dogecoin transactions that occurred over the weekend. According to Dogecoin Whale Alert, a crypto whale transferred 62,123,732 DOGE worth $4.61 million between unknown wallets, and only paid $0.74 to process the transaction.

another whale moved 50,000,000 DOGE worth $3.88 million from a top 20 Dogecoin wallet to a wallet of unknown origin. The large entity paid less than a penny to relocate the vast Dogecoin hoard.

Dogecoin Whale Alert also caught a different whale Changing 40,974.83 worth $3.03 million from a top 20 Dogecoin wallet to an unknown wallet and shelling out $0.10 to make the transfer.

In another big Dogecoin transaction, the blockchain tracker witnessed a large entity moving 35,400,522 DOGE worth $2.65 million from one of the top 20 Dogecoin addresses to a wallet of unknown origin. The crypto whale spent $0.11 to move tens of millions of DOGE.

At the time of writing, DOGE is trading at $0.074.

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Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investment in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are at your own risk, and any loss you may incur is your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and The Daily Hodl is not an investment adviser. Please note that The Daily Hodl is involved in affiliate marketing.

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