$DOGE Big Moves!
#Cryptocurrency Market Rebound
A large order of 30 million USD has directly entered Binance, which may trigger a selling frenzy and lead to significant changes in the crypto space!
A DOGE whale's wallet transferred 30 million USD worth of Dogecoin to Binance in one go, and Dogecoin is currently selling at 0.4 USD.
As soon as this news broke, everyone started speculating whether this is the beginning of a large sell-off.
Dogecoin is currently ranked seventh in market capitalization, selling at 0.4 USD, with a trading volume of up to 90 billion USD in the past 24 hours.
A wallet related to Ceffu crazily transferred 73.8 million Dogecoin to Binance within 24 hours, worth up to 30.32 million USD!
Transferring large sums of money to exchanges always makes people anxious, as such situations often accompany significant market fluctuations.
Moreover, that wallet still holds 170 million USD worth of Dogecoin, which makes market observers uneasy.
The wallet from the digital asset management platform Ceffu has also transferred DOGE to Binance recently.
In the past 24 hours, 73.8 million DOGE, worth 30.32 million USD, have flowed into the top-tier exchange.
Everyone is speculating whether this is the start of a large sell-off or if there are other plans in the works.
That wallet still holds 428.57 million DOGE, worth approximately 170.26 million USD, suggesting that the holder does not plan to run entirely, possibly adjusting their holdings or managing liquidity.
Today, this wallet is not only active in DOGE; on-chain data shows that many types of coins are being deposited into Binance.
This indicates that there may be large investors adjusting their portfolios; although the specific reasons are still unknown, large-scale capital flows often signal that major trades are coming.
DOGE is highly volatile, and the impact of trading will also be amplified; the community is watching closely, and the market is preparing for potential future price fluctuations.
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