A dormant wallet was reactivated and transferred 10,366,683 DOGE (≈ $2.25M) from Binance, marking the wallet’s first DOGE movement in nearly two years and drawing attention amid Dogecoin’s ongoing price consolidation around $0.218.
10.366M DOGE withdrawn from Binance — first DOGE activity in ~2 years
Transaction sequence included two small pre-transfers (100,000 DOGE and 199.88 DOGE) before the main exit.
On-chain data shows final receiving balance ≈ 10.367M DOGE plus 1 BNB; DOGE trading range: $0.09–$0.35.
Meta description: Dogecoin whale transfer: Dormant wallet moved 10.366M DOGE from Binance (~$2.25M). Read concise on-chain analysis and next-step signals.
A long-dormant wallet reactivated after nearly two years, moving over $2.25 million in Dogecoin from Binance amid market consolidation.
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- A dormant wallet moved 10.3 million DOGE from Binance, marking its first transaction in nearly two years.
- The transaction coincided with Dogecoin’s continued price consolidation between $0.09 and $0.35 levels.
- The wallet previously only held ETH and stablecoins before returning with a major DOGE transfer.
On-chain records confirm that a previously inactive wallet withdrew 10,366,683 DOGE from a Binance hot wallet in a single sequence, valued at roughly $2.25 million at current market rates. The movement follows two small preparatory transfers of 100,000 DOGE and 199.88 DOGE, leaving the receiving address with approximately 10.367 million DOGE and 1 BNB.
What happened when the dormant wallet reactivated?
The dormant wallet, which held only Ethereum and stablecoins in 2021–2022, initiated its first DOGE movements in nearly two years by withdrawing 10.366M DOGE from Binance. On-chain data shows a main exit of 10.266M DOGE processed by a Binance hot wallet and two preceding smaller sends.
How significant is the 10.366M DOGE transfer?
The transfer represents a non-trivial on-chain shift but is not alone market-moving by volume standards. Valued at ~$2.25M, it highlights renewed whale activity during a period of price consolidation, with Dogecoin trading near $0.218. Analysts typically monitor such transfers to infer potential accumulation or redistribution by large holders.
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Dogecoin is trading sideways within a multi-month horizontal channel. Technical levels show resistance near $0.35 and weekly support around $0.09. Reduced volatility and this kind of withdrawal can precede either accumulation or strategic repositioning by large holders.
Timing matters because whale transfers during consolidation can signal shifting sentiment. While the transaction alone does not reveal intent, it increases on-chain surveillance interest. Market participants often combine on-chain flows with orderbook and exchange reserves data to assess whether a withdrawal indicates accumulation, OTC transfer, or custodial rebalancing.
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