Whales Moved Bitcoin (BTC) and Dogecoin (DOGE) Worth $531M As Markets Retrace. Here’s the Destination

The crypto whale spotting app Whale Alert has reported large transfers of Bitcoin (BTC) and Dogecoin (DOGE). In the last 24 hours, a few mammoth-sized transactions were documented regarding the two cryptocurrencies. The largest transaction involved 14,159 BTC worth around $421.71 million, with just $3 being charged for the transfer. 1,890 BTC worth $56.54 million were also moved from an unknown wallet to the US-based crypto exchange Coinbase. In regards to Dogecoin, there have been some hefty movements, the major one documenting 450,000,000 DOGE worth $32.93 million from an unknown source to investing platform Robinhood, with another return transaction involving 117,717,363 DOGE, worth $8.58 million. Another colossal movement reported to Binance was 87,000,000 DOGE worth approximately $6.17 million and best of all, the fee for the transfer was just $3! To conclude, Whale Alert recollected an in/out operation from Robindhood, consequently relocating 78,962,318 DOGE to an untold wallet. In terms of price analysis, CoinMarketCap tells us that BTC is trading mildly at roughly $29822, with very little changes locally. For DOGE, full-on bull action with a seemingly successful 4% uplift reaching a depiction of $0.07491.

Robert Wilson author
Articles: 12200