HomeAltcoinDogecoin Whales Move 527,909,756 DOGE Amid Sustained Market Correction – This Is...

Dogecoin Whales Move 527,909,756 DOGE Amid Sustained Market Correction – This Is Where The Crypto Goes


The great Dogecoin (DOGE) whales are on the move, moving over 500 million tokens as crypto markets continue to be in the red.

Whale watching bot Dogecoin Whale Alert reports that pocket 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 last day involves a massive whale transferring 148,648,464 DOGE worth $9.83 million to one of the top 20 Dogecoin wallets, paying just less than $5 in transfer fees.

another transaction witnessed the transference 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 great hoard of Dogecoin.

The other big transfers of the day mostly involve moving large stacks of Dogecoin from multiple wallets to one of the top 20 Dogecoin addresses or to a wallet of unknown origin. Two transactions saw the relocation of Dogecoin hoards between unknown wallets.

At the time of writing, Dogecoin is trading at $0.067. The top meme crypto asset is down almost 13% in the past seven days.

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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.

Featured image: Shutterstock/jamesteohart/MrArtHit


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