Massive Dogecoin (DOGE) Transfer of 72.2 Million Tokens Worth Approximately $5.86 Million Signals Whales in Action”
Over the past month, significant cryptocurrency movements have been observed, with one standout transaction involving a staggering 72.2 million Dogecoin (DOGE), equivalent to about $5.86 million.”
“Noteworthy among these are whale activities, with the last 24 hours witnessing other large Dogecoin transactions, including the transfer of 100 million DOGE (valued at $8.27 million) and 150 million DOGE (worth $12.4 million) from Robinhood to undisclosed wallets.”
“These transactions form part of a broader pattern of Dogecoin movements seen over the past month.”
“It’s worth mentioning that there was a transfer of 150 million DOGE ($12.22 million) from an unknown wallet to Robinhood on February 10, and a transfer of 63.7 million DOGE ($5.2 million) from Bittrex to an unknown wallet on February 9.”
“Additionally, earlier in the month, 100 million DOGE ($7.83 million) and 103.3 million DOGE ($7.91 million) were transferred to Robinhood from undisclosed wallets.”
“Despite these substantial transfers, Dogecoin’s price has exhibited resilience and stability. Currently ranked 11th by market capitalization, DOGE is trading at $0.08098, reflecting a 1.4% increase over the last 24 hours.”
“The 24-hour trading volume for Dogecoin stands at $510.1 million, indicating a strong market presence and investor confidence in Dogecoin despite inherent market volatility and recent widespread transactions.”
READ MORE Crypto Market Observes Notable $250 Million Dogecoin Transfer, Sparking Speculation
“The dynamics of the Dogecoin market continue to defy the odds, with the top 10 cryptocurrencies undergoing shifts in market cap, as reported by coinshiba.online.”
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