Cryptocurrency tracking platform Whale Alert and its bots have detected a massive transaction worth almost $90 million in fiat to the world’s largest cryptocurrency trading venue, Binance. Another half a billion DOGE was sent to another popular crypto exchange.

加密貨幣追蹤平台 Whale Alert 及其機器人檢測到全球最大的加密貨幣交易場所 Binance 發生了價值近 9,000 萬美元的法幣大額交易。另外 5 億 DOGE 被送到另一個流行的加密貨幣交易所。

This transaction took place after DOGE staged a massive price increase within the last 24 hours.

這筆交易發生在 DOGE 在過去 24 小時內大幅提價之後。

1.2 billion DOGE on the move

12 億 DOGE 正在流動

The aforementioned data source has spotted jaw-dropping amounts of 699,999,999 DOGE and 500,000,000 DOGE transferred to major cryptocurrency trading platforms Binance and Robinhood. Together, they made up 1.2 billion Dogecoin.

上述資料來源發現，轉移到主要加密貨幣交易平台 Binance 和 Robinhood 的金額高達 699,999,999 DOGE 和 500,000,000 DOGE。它們總共構成了 12 億狗狗幣。

The first transfer was evaluated at $53,065,006, and the second one was worth $53,065,006 in fiat. A smaller transfer carrying 66,000,000 Dogecoin was also noticed by Whale Alert over the period of the last 24 hours.

第一筆轉帳的估價為 53,065,006 美元，第二筆轉帳的法幣價值為 53,065,006 美元。 Whale Alert 在過去 24 小時內還注意到了一筆金額較小的轉賬，金額為 66,000,000 狗狗幣。

🚨 🚨 🚨 🚨 699,999,999 #DOGE (89,050,089 USD) transferred from unknown wallet to #Binancehttps://t.co/vSdR0cxAqn

🚨 🚨 🚨 🚨 699,999,999 #DOGE（89,050,089 美元）從未知錢包轉移到#Binancehttps://t.co/vSdR0cxAqn

— Whale Alert (@whale_alert) February 29, 2024

- 鯨魚警報 (@whale_alert) 2024 年 2 月 29 日

As the DOGE price has skyrocketed by more than 42%, hitting $0.1, this may be a sign of an approaching sell-off since large whales are beginning to move their DOGE holdings to exchanges to lock in profits.

隨著 DOGE 價格飆升超過 42%，達到 0.1 美元，這可能是拋售即將來臨的跡象，因為大鯨魚開始將其持有的 DOGE 轉移到交易所以鎖定利潤。

🚨 🚨 🚨 500,000,000 #DOGE (53,065,006 USD) transferred from unknown wallet to #Robinhoodhttps://t.co/6GMt0lGMdu

🚨 🚨 🚨 500,000,000 #DOGE（53,065,006 美元）從未知錢包轉移到#Robinhoodhttps://t.co/6GMt0lGMdu

— Whale Alert (@whale_alert) February 28, 2024

- 鯨魚警報 (@whale_alert) 2024 年 2 月 28 日

Dogecoin may go parabolic in April

狗狗幣四月可能呈現拋物線走勢

Earlier this week, popular cryptocurrency analyst and trader on Twitter Ali Martinez published a post to let the cryptocurrency community know that the original meme crypto Dogecoin is repeating a pattern last seen during the bull market in 2021 – the year when Elon Musk called himelf “The DogeFather” on Twitter and endorsed DOGE on Saturday Night Live.

本週早些時候，受歡迎的加密貨幣分析師和交易員Ali Martinez 在Twitter 上發表了一篇文章，讓加密貨幣社群知道，最初的迷因加密貨幣狗狗幣正在重複2021 年牛市期間出現的模式，這一年埃隆·馬斯克(Elon Musk) 稱自己為“在 Twitter 上“DogeFather”，並在《週六夜現場》中支持 DOGE。

Back then, the DOGE price was propelled to an all-time high of $0.7376 on May 8, following Bitcoin reaching a historic peak of $63,000 in April of the same year.

當時，隨著比特幣在同年 4 月達到 63,000 美元的歷史峰值，DOGE 價格在 5 月 8 日昇至歷史新高 0.7376 美元。

The price action of #Dogecoin appears to mirror patterns observed in its past bull markets. If history repeats itself, we could see $DOGE enter a parabolic breakout around April! pic.twitter.com/fL1J3CP3mR

#Dogecoin 的價格走勢似乎反映了過去牛市中觀察到的模式。如果歷史重演，我們可能會看到 $DOGE 在四月左右進入拋物線突破！ pic.twitter.com/fL1J3CP3mR

— Ali (@ali_charts) February 26, 2024

— 阿里 (@ali_charts) 2024 年 2 月 26 日

Martinez believes that Dogecoin may “enter a parabolic breakout” approximately in April if history repeats itself.

馬丁內斯認為，如果歷史重演，狗狗幣可能會在四月左右「進入拋物線突破」。

DOGE surge follows that of Bitcoin

DOGE跟隨比特幣飆升

Overall, the largest meme cryptocurrency in terms of market capitalization value, Dogecoin, printed a staggering price increase of more than 42% jumping from $0.0948 to a local peak of $0.1350. By now, DOGE has rolled back a little and is exchanging hands at $0.1290.

總體而言，就市值而言，最大的迷因加密貨幣狗狗幣的價格漲幅驚人，超過 42%，從 0.0948 美元躍升至局部峰值 0.1350 美元。目前，DOGE 已小幅回落，並以 0.1290 美元易手。

Dogecoin, Ethereum, XRP and many other altcoins have suddenly increased in price following the enormous Bitcoin price surge. The flagship cryptocurrency increased by almost 12% on Wednesday to top the $64,000 level on the stable consumption of Bitcoin by the spot BTC ETF providers.

隨著比特幣價格的大幅上漲，狗狗幣、以太幣、XRP 和許多其他山寨幣的價格突然上漲。由於現貨 BTC ETF 提供商對比特幣的穩定消費，週三旗艦加密貨幣上漲近 12%，突破 64,000 美元的水平。