🚀⚠️ DOGE Price Alert! Whales Shake 767 Mln Coins Via Robinhood! What’s Next?
In a seismic twist today, May 7, Dogecoin whales made waves yet again, moving a whopping 767 million coins amidst a slip in DOGE’s price. This coincided with Robinhood's receipt of a Wells notice from the U.S. SEC (Securities and Exchange Commission), sending shockwaves through the crypto market.
These colossal whale transactions come hot on the heels of Dogecoin's recent surge, largely credited to Tesla embracing
DOGE as a payment method. This saga has ignited a storm of speculation among crypto enthusiasts about future price movements, especially as DOGE briefly soared past the $0.16 mark before dipping back to $0.15, in line with broader market trends.
🔺 Whales Shift 767 Mln DOGE Via Robinhood: Insight Report
Whale Alert data reveals that 767 million DOGE was moved through 4 massive transactions in the last 24 hours. While some of these transactions indicated accumulation, a massive dump countered these efforts.
Significantly, three DOGE accumulations by unknown addresses, totaling 79.18 million, 123.81 million, and 163.92 million DOGE tokens respectively, were noted. Conversely, an unknown address transferred 400 million DOGE to Robinhood, sparking contrasting sentiments about Dogecoin's future price trajectory.
With Robinhood facing SEC scrutiny and Tesla's recent DOGE integration limited to DOGE wallets, speculation runs rife about the motives behind these transactions. 📈🔍
What do you think lies ahead for Dogecoin amidst these swirling developments? 🚀🐶
