Dogecoin whales moved 752 million DOGE (about $195 million) to Robinhood across four 188M transfers, sparking concerns about potential selling pressure. The transfers may signal liquidation, rebalancing, or collateral use; traders should watch exchange inflows and short-term technicals for volatility.
752 million DOGE moved to Robinhood
Transfers occurred in four equal transactions of 188 million DOGE each.
Dogecoin price stayed near $0.26–$0.27 despite the inflows; technicals show a developing bearish signal.
Dogecoin whale transfer to Robinhood: 752M DOGE moved, watch for selling pressure and volatility — learn what this means now.
Dogecoin whales transfer $195 million in DOGE to Robinhood. The move fuels speculation about possible market shifts and future price movements.
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- A total of 752 million DOGE, worth nearly $196 million, was moved to Robinhood, raising concerns about potential sales or market shifts.
- The transaction, split into four transfers of 188 million DOGE, has led to speculation regarding potential price volatility and increased selling pressure.
- Despite this, Dogecoin’s price remains relatively stable, fluctuating between $0.26 and $0.27 as investors watch the market closely.
Dogecoin (DOGE) holders were alerted after on-chain monitoring recorded four large transfers totalling 752 million DOGE, approximately $195–$196 million, into Robinhood’s deposit addresses. Each transfer was 188 million DOGE. On-chain trackers reported the movements, prompting market participants to assess short-term implications for liquidity and price action.
What happened in the Dogecoin whale transfer to Robinhood?
Dogecoin whale transfer to Robinhood involved 752 million DOGE sent in four equal transactions to Robinhood deposit addresses, suggesting a potential buildup of sell-side liquidity. On-chain data shows the transfers were consolidated shortly before deposit, but destination intent (sale, collateral, or rebalancing) is unconfirmed.
How does a transfer to an exchange affect Dogecoin price?
Large inflows to exchanges historically increase the probability of downward pressure because assets become more liquid. Traders track exchange net inflows and order-book depth to estimate potential selling impact. However, some whales route funds for margin, custody changes, or OTC settlement rather than immediate liquidation.
As of the latest available pricing snapshot, DOGE traded around $0.2602, down roughly 1.44% in 24 hours. The token earlier gained nearly 8.7% over the prior week, briefly testing $0.27. Despite the whale moves, price stability suggests either buyers absorbed some supply or transfers did not immediately hit the order book.
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Technical indicators add context. A short-to-medium-term moving average cross is forming where the 9-day simple moving average is approaching a cross below the 26-day simple moving average. Known as a “death cross” in this timeframe, it is commonly interpreted as a bearish sign and can increase volatility as traders react.
Market participants should monitor the following metrics to gauge near-term trajectory:
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