Dogecoin Whales Move $214.5M In A Single Day, Sparking Speculation
Posted On November 23, 2024
Large holders of Dogecoin (CRYPTO: DOGE) have been making significant moves, with Dogecoin whales recently buying up 550 million DOGE tokens, valued at $214.5 million, in one day.
What Happened: The transactions, recorded on blockchain monitoring services, highlight the growing activity among Dogecoin’s biggest investors.
Blockchain experts note that such whale movements often signal potential market shifts, as these transactions can precede either price rallies or sell-offs.
The transfers occurred amid a period of relative stability for …
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