Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
@DogeWhaleAlert Twitter account, which tracks large and extra-large Dogecoin transactions, has spotted 15 transfers carrying a total of over one billion DOGE, a popular canine cryptocurrency.
Over billion DOGE on the move
Anonymous whales have shifted 1.049 billion Dogecoins, according to the data shared by DogeWhaleAlert crypto tracker. From a total of 15 transactions, several carried a huge amount of DOGE – such as 150,000,000 (two transfers, equal to $51 million), 100,000,000 ($17,048,600) and 200,000,000 DOGE (worth $34,112,000).
The other transfers carried various smaller amounts – from 4,000,000 to 25 million and 50 million DOGE.
The overall amount of Dogecoin transferred is equal to $176,757,691 in fiat currency. In some of the aforementioned transactions, Robinhood trading platform acted either as sender or receiver of Doge.
??????
— Ðogecoin Whale Alert (@DogeWhaleAlert) January 4, 2022
36,700,986 $DOGE ($6,273,777 USD) was transferred from a #Robinhood wallet to an unknown wallet.
Fee: 2.00 ($0.34 USD)
Tx: https://t.co/Gi27RVSbB3#DogecoinWhaleAlert #DogeWhaleAlert #WhaleAlert #Dogecoin #Doge
At the moment, Robinhood holds a total of 42,514,935,864 DOGE on behalf of its investors. This is the equivalent of $7,285,316,895 and is 32.05% of the DOGE that is currently in circulation.
#Robinhood's ? two known wallets—3334959 & 1699275—use eight known addresses, and the total combined amount of #Dogecoin held by RH ? on behalf of its investors is:
— Ðogecoin Whale Alert (@DogeWhaleAlert) January 4, 2022
42,514,935,864 $DOGE
$7,285,316,895 USD
32.05% of the circulating supplyhttps://t.co/iWz81VqfEE
Dogecoin price action
Dogecoin is changing hands at $0.1691 after a small decline of 1.38% in the past 24 hours, according to CoinMarketCap. At the moment, the meme crypto is 77.04% below its all-time high of $0.7376 reached on May 8.
On Dec. 24, the most popular meme crypto surged to a high of $0.2135. However, since Dec. 29, it has been trading in the $0.17 range.
The community hopes that once Tesla begins to accept Dogecoin as payment for merch, as promised by Elon Musk in December, the price will begin increasing, reaching a new high.
Alex Dovbnya
Gamza Khanzadaev
Denys Serhiichuk
