A mysterious Dogecoin (DOGE) whale was on the move over the weekend, relocating tens of millions of dollars worth of the leading meme crypto asset.
Blockchain-monitoring service Dogecoin Whale Alert initially spotted the big DOGE transaction.
According to Dogecoin Whale Alert, an investor with deep pockets shifted 623,387,760 DOGE worth nearly $47 million from a wallet of unknown origin to another unknown wallet. The whale paid less than $1 to move the large Dogecoin stack.
?????????????
623,387,760 $DOGE ($46,947,956 USD) was transferred from an unknown wallet to an unknown wallet.
Fee: 5.57 ($0.42 USD)
Tx: https://t.co/4EwurSTN3D#DogecoinWhaleAlert #WhaleAlert #Dogecoin #CryptoNews
— Ðogecoin Whale Alert (@DogeWhaleAlert) March 17, 2023
The blockchain-tracking service is also reporting on other large Dogecoin transactions that happened over the weekend. According to Dogecoin Whale Alert, a crypto whale transferred 62,123,732 DOGE worth $4.61 million between unknown wallets, and only paid $0.74 to process the transaction.
Another whale moved 50,000,000 DOGE worth $3.88 million from a top 20 Dogecoin wallet to a wallet of unknown origin. The large entity paid less than a dime to relocate the big Dogecoin trove.
Dogecoin Whale Alert also caught a different whale shifting 40,974,83 worth $3.03 million from a top 20 Dogecoin wallet to an unknown wallet and shelling out $0.10 to make the transfer.
In another large Dogecoin transaction, the blockhain tracker witnessed a large entity moving 35,400,522 DOGE worth $2.65 million from a top 20 Dogecoin address to a wallet of unknown origin. The crypto whale spent $0.11 to move tens of millions of DOGE.
At time of writing, DOGE is trading for $0.074.
Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inboxCheck Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/MrArtHit
Generated Image: Midjourney
