Dogecoin (DOGE) Skyrockets $812 Million in 24 Hours of Bullish Whale Activity.
A festival of whale on-chain activity continues for popular meme cryptocurrency Dogecoin (DOGE) as, according to data from Into The Block, its key metric - volume of large transactions - reached over $812 million in the last 24 hours. Moreover, this figure is 83.53% higher than the day before and 113.6% higher than the day before that.
Digging deeper, it turns out that the amount of DOGE transacted by whales totaled 8.1 billion coins, an increase of 74.56% over the last 24 hours.
Large transactions are those that are no less than $100,000, and there were 898 of them in the period under review. Taking this into account, the average whale transaction on DOGE was 9,020,044 coins, or $905,178.17. This means that, on average, a whale transaction was nine times more than the minimum required. #TON #BNBChainMemecoins #CPI_BTC_Watch
