A mysterious Dogecoin (DOGE) whale was on the move over the weekend, relocating tens of millions of dollars worth of the leading meme crypto asset.
Blockchain-monitoring service Dogecoin Whale Alert initially spotted the big DOGE transaction.
According to Dogecoin Whale Alert, an investor with deep pockets shifted 623,387,760 DOGE worth nearly $47 million from a wallet of unknown origin to another unknown wallet. The whale paid less than $1 to move the large Dogecoin stack.
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623,387,760 $DOGE ($46,947,956 USD) was transferred from an unknown wallet to an unknown wallet.
Fee: 5.57 ($0.42 USD)
Tx: https://t.co/4EwurSTN3D#DogecoinWhaleAlert #WhaleAlert #Dogecoin #CryptoNews
— Ðogecoin Whale Alert (@DogeWhaleAlert) March 17, 2023
The blockchain-tracking service is also reporting on other large Dogecoin transactions that happened over the weekend. According to Dogecoin Whale Alert, a crypto whale transferred 62,123,732 DOGE worth $4.61 million between unknown wallets, and only paid $0.74 to process the transaction.
Another whale moved 50,000,000 DOGE worth $3.88 million from a top 20 Dogecoin wallet to a wallet of unknown origin. The large entity paid less than a dime to relocate the big Dogecoin trove.
Dogecoin Whale Alert also caught a different whale shifting 40,974,83 worth $3.03 million from a top 20 Dogecoin wallet to an unknown wallet and shelling out $0.10 to make the transfer.
In another large Dogecoin transaction, the blockhain tracker witnessed a large entity moving 35,400,522 DOGE worth $2.65 million from a top 20 Dogecoin address to a wallet of unknown origin. The crypto whale spent $0.11 to move tens of millions of DOGE.
At time of writing, DOGE is trading for $0.074.
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Source: https://dailyhodl.com/2023/03/20/dogecoin-whale-abruptly-moves-623387760-doge-in-one-massive-transfer-heres-where-the-crypto-is-going/