According to ChainCatcher, at around 21:55 today, Whale Alert detected a major transaction: 200 million DOGE were transferred to Binance, worth approximately $59,925,858. This large transfer has attracted market attention, and investors have speculated on the intention behind it. On-chain data analysis shows that this transfer may have an impact on DOGE's market value ranking and price fluctuations. Although it is not clear what the funds are used for, such large-scale transfers usually cause short-term market fluctuations, and investors should pay close attention to subsequent developments.