Dogecoin whale transfers to OKEX moved over 200 million DOGE in two large inbound transactions followed by near-identical outflows, signaling concentrated whale activity that coincides with anticipation for the Rex Osprey DOGE ETF and helped drive a short-term price surge and renewed market interest.
Over 200 million DOGE moved to OKEX in two large transactions within 24 hours.
OKEX executed nearly matching outflows soon after, suggesting coordinated or linked wallet activity.
Dogecoin rose ~42% in four days, hitting $0.3075, then corrected toward $0.28; on-chain transfers totalled 200,537,614 DOGE across the largest movements.
Dogecoin whale transfers to OKEX spiked over 200M DOGE; track on-chain moves now to gauge ETF-driven momentum. Read the full analysis from COINOTAG.
What are the recent Dogecoin whale transfers to OKEX?
Dogecoin whale transfers refer to two major inbound transactions totaling 200,537,614 DOGE to the OKEX exchange from unknown wallets within a 24-hour window. Blockchain monitoring services recorded 119,306,143 DOGE (approx. $34.6M) and 81,231,471 DOGE (approx. $23.4M) arriving at OKEX, followed by large outflows shortly after.
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How did exchanges respond and where did the DOGE go?
OKEX recorded corresponding outflows that nearly matched the inbound amounts. One outflow mirrored the 119,306,143 DOGE transfer (valued about $34.8M) and another outflow moved 120,000,000 DOGE (approx. $35.5M) to unidentified wallets. The on-chain addresses remain pseudonymous; no exchange account identities have been confirmed.
Blockchain monitoring platforms and Whale Alert (plain text reference) reported the transactions in near real-time. These tools show timing and magnitude but cannot determine the parties behind the addresses without additional exchange data or KYC disclosures.
How did these transfers affect Dogecoin’s price?
Price reaction was immediate: Dogecoin climbed for four consecutive days, peaking at $0.3075 before a short correction to roughly $0.28. The token gained approximately 42% over the four-day run and retains a strong weekly advance near 29% as of the last close. Short-term volatility increased after the large transfers, consistent with heavy inflows and outflows on centralized venues.
Why does ETF anticipation matter for whale behavior?
Anticipation of the Rex Osprey DOGE ETF (plain text reference) appears to be a material driver. Institutional product listings can prompt accumulation and strategic transfers as participants position for potential inflows. Large on-chain movements to and from exchanges may reflect deposit-and-withdrawal activity tied to custody transitions, exchange-led order flow, or coordinated rebalancing ahead of product launches.
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Dogecoin sees over 200 million DOGE moved to OKEX, signaling high whale activity and renewed momentum amid ETF expectations and price action.
Dogecoin experienced a noticeable increase in whale transactions over the past 48 hours. According to blockchain monitoring services, more than 200 million DOGE was transferred to the cryptocurrency exchange OKEX in two major transactions. The first transaction involved 119,306,143 DOGE, valued at $34.6 million, followed shortly by a second transfer of 81,231,471 DOGE worth $23.4 million. Both transactions originated from unknown wallets and were recorded within a 24-hour window.
In a mirrored development, OKEX was also the origin point for two significant DOGE transfers in the same period. One of the outflows involved 119,306,143 DOGE, almost identical to the earlier inflow, valued slightly higher at $34.8 million. The other transfer included 120,000,000 DOGE worth $35.5 million, moved to another unidentified wallet. The identities of the wallets remain undisclosed, and the relationship between the sending and receiving parties is not yet confirmed.
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