Dogecoin Whale Loads Up 215,370,734 DOGE in Single Transaction As Top Memecoin Struggles To Take Off

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One of many largest Dogecoin (DOGE) whales in existence wolfed up lots of of hundreds of thousands of tokens because the main memecoin continues to consolidate.

Blockchain-monitoring service Dogecoin Whale Alert initially noticed the large DOGE transaction value over $16.96 million.

In accordance with Dogecoin Whale Alert, the big whale obtained 215,370,734 DOGE from a top-20 Dogecoin pockets. The sending pockets paid lower than $5 to course of the multi-million-dollar transaction.

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215,370,734 $DOGE ($16,964,968 USD) was transferred from a #Top20 pockets to a #Top20 pockets.

Price: 56.09 ($4.42 USD)

Tx: https://t.co/RA3wXFARYo#DogecoinWhaleAlert #WhaleAlert #Dogecoin #CryptoNews

— Ðogecoin Whale Alert (@DogeWhaleAlert) April 25, 2023

BitInfoCharts reveals that the receiving pockets additionally collected 36,834,503 DOGE value $2.88 million a number of hours after buying the big Dogecoin stack. At time of writing, the whale in query has collected 3,858,987,551 DOGE value over $337 million.

BitInfoCharts additionally finds that the investor with deep pockets is the second-largest non-exchange Dogecoin whale on the earth.

As for the opposite massive transactions involving the highest memecoin previously day, Dogecoin Whale Alert reveals {that a} deep-pocketed investor moved 58,058,885 DOGE value $4.55 million from an unknown pockets to a different unknown pockets.

In one other transaction, a whale relocated 38,295,136 DOGE value over $3 million from a pockets of unknown origin to a top-20 pockets.

The sequence of Dogecoin transactions within the final 24 hours comes because the main memecoin struggles to generate a sustainable rally. At time of writing, DOGE is buying and selling for $0.08, down almost 14% within the final seven days.

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