Price: $0.39671 3.4932%
Market Cap: 58.27B 1.7643%
Volume (24h): 8.46B 0.4%
Dominance: 1.7643%
Price: $0.39671 3.4932%
Market Cap: 58.27B 1.7643%
Volume (24h): 8.46B 0.4%
Dominance: 1.7643% 1.7643%
  • Price: $0.39671 3.4932%
  • Market Cap: 58.27B 1.7643%
  • Volume (24h): 8.46B 0.4%
  • Dominance: 1.7643% 1.7643%
  • Price: $0.39671 3.4932%
Home > Information news > Dogecoin (DOGE) Whale Moves Millions to Robinhood

Dogecoin (DOGE) Whale Moves Millions to Robinhood

Release: 2023/12/27 16:27 Reading: 470

Original author:U_Today

Original source:https://coinmarketcap.com/community/articles/658b31e90e63e83445f1b523

Dogecoin (DOGE) Whale Moves Millions to Robinhood

A transfer involving 71.2 million Dogecoin (DOGE), valued at $6.39 million, was made from an unknown wallet to the trading platform Robinhood, according to Whale Alert, a service that monitors large-scale cryptocurrency transfers. This comes as the price of the flagship meme coin is experiencing a significant downturn.  

Recent DOGE transitions  

The latest transfer to Robinhood is not an isolated event in the Dogecoin space. A review of recent activities indicates a pattern of large movements. 

Just hours earlier, a transaction of 367 million DOGE ($33.63 million) occurred between unknown wallets. 

Additionally, a massive transfer of nearly 1 billion DOGE ($91.20 million) from Binance to an unknown wallet was noted. 

These transactions are complemented by other notable movements, including 112 million DOGE ($10.44 million) leaving Robinhood and over 64 million DOGE ($5.87 million) moving to Coinbase. 

Dogecoin's price performance 

Jake Wujastyk, a notable market analyst, recently shared his insights on Dogecoin's price chart, describing it as one of his "favorite-looking setups." However, the meme coin is failing to buck the broader bearish trend. 

Currently, DOGE is priced at $0.090240 after experiencing a 4.3% decrease, with a trading range between $0.089256 and $0.094891 over the past 24 hours. 

Dogecoin's market capitalization stands at $12.85 billion with a trading volume of $703.83 million. 

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