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Dogecoin Whales Abruptly Transfer Over $182,000,000 in DOGE As Top Memecoin Erupts – Here’s Where the Crypto Is Going

source-logo  dailyhodl.com 05 April 2023 11:30, UTC
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Dogecoin (DOGE) whales transferred more than $182 million worth of the top meme coin in a matter of hours this week amid the crypto asset’s sudden spike in price.

DOGE jumped from trading around $0.077 on Monday to a high of $0.102 on Tuesday, a surge of more than 32%.

The price rally happened after Elon Musk suddenly changed Twitter’s icon to the DOGE logo and posted his own version of a meme template featuring the DOGE logo.

pic.twitter.com/wmN5WxUhfQ

— Elon Musk (@elonmusk) April 3, 2023

Blockchain-monitoring service Dogecoin Whale Alert notes that the biggest whale transaction involved a top-20 DOGE wallet sending 650,000,000 Dogecoin worth more than $65.49 million to another top-20 DOGE wallet.

Other large DOGE transactions monitored by Dogecoin Whale Alert include:

  • 401,255,826 DOGE worth more than $36.49 million transferred from a Binance wallet to a Binance wallet
  • 300,000,000 DOGE worth more than $27.62 million transferred from a top-20 wallet to an unknown wallet
  • 138,888,622 DOGE worth more than $10.68 million transferred from a top-20 wallet to an unknown wallet
  • 125,000,000 1DOGE worth more than $12.54 million transferred from a top-20 wallet to an unknown wallet
  • 89,900,098 DOGE worth more than $8 million transferred from an unknown wallet to an unknown wallet
  • 80,000,000 DOGE worth more than $7.99 million transferred from a top-20 wallet to an unknown wallet
  • 75,000,000 DOGE worth more than $7 million transferred from a top-20 wallet to an unknown wallet
  • 70,000,000 DOGE worth more than $6.63 million transferred from an unknown wallet to an unknown wallet

The eighth-ranked crypto asset by market cap is worth $0.0967 at time of writing.


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