🐋😱Whales at Work! 761 Million Dogecoin (DOGE) Moved!.
The price of #Dogecoin which is the undisputed meme coin leader of the cryptocurrency world in terms of volume, saw a huge increase of 30% on February 29, creating a feeling that it may be returning to its old days in the cryptocurrency world. While all this was happening, on the other hand, some data provided by Whale Alert revealed that 761.2 million DOGE units were moved, and #DOGE was above the $0.1 level when all this was happening.
Whale Operations in DOGE
Meanwhile, the derivatives data for DOGE pointed to an upward trend in the market and collected bullish sentiments that are in line with the DOGE's price Deceleration. With a significant amount of new money entering the market, traders and investors seem to be showing a sense of confidence towards the digital asset and encouraging further growth in Dogecoin.
According to some information disclosed by Whale Alert, different transactions totaling 761.2 million DOGE were carried out today on February 29.
To give an example of some of the transactions that took place, 66 million DOGE units with a value of $ 7.19 million were sent to Binance, the leading cryptocurrency exchange, from an unknown wallet.
In the second transfer, 53 million million DOGE worth $ 500,000 were transferred from unknown wallets to the Robinhood exchange. Following this, a number of other transactions took place and exceeded 761 million DOGE in total.
Some of these transactions were sent to the stock exchanges, while others were Decoupled from the stock exchanges, and when the situation was examined, it was seen that complex emotions among investors were gaining strength.
On the other hand, after the price rally experienced by Dogecoin, according to CoinMarketCap's global market capitalization list review, it is 10th. 9 with an ordinary step ascent. he was seen to be lining up. This situation arose after the above-market price movement of DOGE.
