The post Whale Shifts 421M DOGE Sparking Speculations Over Market Impact appeared first on Coinpedia Fintech News
A recent report from Whale Alert reveals that 421 Million Doge valued at $6.61 million was moved between unknown wallets. The significant transfer has led to speculation over its potential market impact and Dogecoin’s future price. Analysts are divided on the impact where some believe the whale may be positioning for a significant trade or preparing for an upcoming event that could boost Dogecoin’s value, while others caution that the large movements might signal selling pressure.