816 MILLION DOGECOIN IN ONE HOUR:

WHAT'S HAPPENING:

A massive 816 million Dogecoin (DOGE) was moved in just one hour, sparking concerns of a potential massive sell-off.

This significant transaction was detected by Whale Alert, a public blockchain tracking platform.

The two large transactions, totaling 816 million DOGE, were valued at approximately $259 million.

One transfer involved 466,890,148 DOGE, while the other consisted of 350,000,000 DOGE. These transactions were made within a span of just over an hour, raising eyebrows among crypto enthusiasts.

Some speculate that this could be a sign of a massive cryptocurrency dump, which might explain the recent Dogecoin price drop. The price has fallen by 3.44% over the past few hours, with DOGE trading at $0.31077 at the time of writing.

It's worth noting that Elon Musk recently sparked interest in Dogecoin, joking about accepting DOGE as tuition payment for a hypothetical institution. This might have contributed to the increased activity around Follow @Crypto beans to learn more about Blockchain tech