An anonymous whale has moved 106 million DOGE (worth $35.89 million) to cryptocurrency exchange Coinbase, according to Whale Alert. The transaction was made an hour ago and is one of the largest DOGE transactions in recent history. The reason behind the transfer is unknown, but it could be a sign of the whale's confidence in DOGE or simply a move to cash out some of their profits. Whatever the reason, the transfer is sure to have a significant impact on the DOGE market. DOGE has been on a tear lately, rising over 1,000% in the past year. The coin's popularity has been boosted by a number of factors, including support from celebrities like Elon Musk and Mark Cuban. However, it is still considered a risky investment by many due to its volatility. Only time will tell what impact the whale's transfer will have on the DOGE market. However, it is sure to be a major talking point among cryptocurrency traders and investors.