Whale's $445M Dogecoin Trasfer Shakes Market, Alters Wallet Ranking!

[Sophie Robert]

• In a groundbreaking move a major Dogecoin (DOGE) whale recently made waves in the crypto world by transferring over $445 million worth of DOGE.
• A significant dogecoin whale swiftly moved 6.26 billion DOGE across seven transactions in less than 10 minutes, highlighting changes in the top Dogecoin wallets.
• Additionally, the whale reclaimed the fifth spot by acquiring 5.46 billion DOGE, amounting to $445 million.
• Notably, the receiving wallet experienced a significant climb from the fifth-largest to the second-larget Dogecoin address, now boasting an impressive 8.84 billion DOGE worth over $643 million.
• Meanwhile, Robinhood continues to dominate Dogecoin with a colossal holding of 22.6 billion DOGE, valued at $16 billion, representing 16.23% of the cryptocurrency's total supply.
• Dogecoin is currently trading at around $0.07114, with a 2.87% dip in the past 24 hours. The market is consolidating without a clear direction from bulls or bears, and sideways trading is expected until mid-June within the $0.07 to $0.08 range.

Source - Coinpedia