A Dogecoin whale transferred more than 103 million DOGE on the well-known trading platform Robinhood. This came amid a notable rise in the price of the leading meme coin.
A month of notable transactions
In November, Dogecoin had a busy month, with several substantial transactions recorded. Whale Alert, a service that tracks large cryptocurrency transactions, has reported several significant transfers involving Dogecoin.
On November 15, a transfer of 690 million DOGE (equivalent to about $50.3 million) occurred between unknown wallets. Similarly, on November 13, 140.6 million DOGE were transferred from Robinhood to an unidentified wallet.
At the beginning of the month, 75.3 million and 73.6 million DOGE transactions were recorded to and from Robinhood. Furthermore, a massive transfer of 250 million DOGE to Robinhood was observed on November 7th.
