Dogecoin Tsunami Alert" The 5th Largest Giant Whale Transferred "$136 Million Doge" within 7 Days! or cash out

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The logo in the upper left corner of the homepage of the social media giant Twitter (Twitter) suddenly changed from the original blue bird logo yesterday (4th) morning to a Shiba Inu meme of Dogecoin. Twitter CEO Elon Musk also Tweeting pointed out that the blue bird logo "is already an old photo", pushing Dogecoin (Doge) to rise by more than 37% within two hours.

The fifth largest whale transferred 1.5 billion Doge

With the skyrocketing Dogecoin, many giant whales are making frequent moves. Among them, the fifth largest Dogecoin whale address, DDuXGMFNGpGjaAqyDunSMvceMBruc1wwKF, first transferred 650 million Dogecoins when the currency price soared yesterday, and then transferred 500 million Dogecoins in the early morning of today (5) ; From April 30 to April 5, a total of 1.5 billion Dogecoins were transferred out, worth approximately $136 million.

The fifth largest Dogecoin whale address transferred 1.5 billion Doge. Source: BitInfoCharts

According to BitInfoCharts data , since late December last year, the Dogecoin holdings of this address have risen rapidly from close to zero, and after transferring 1.5 billion Dogecoins in recent days, the address still holds 3.321 billion Dogecoins, equivalent to $324 million.

Changes in the positions of the fifth largest Dogecoin whale address. Source: BitInfoCharts

The 13th largest whale hoarded 1.87 billion Doge coins since June last year

In addition, the on-chain data analysis platform JieData shared data and pointed out that the address DMuFDCTwxdqzfWrCEE7HiMxBonKVU49Fz4 started hoarding Dogecoin since the price hit a low point in June last year, and has continued to this day. 1.86 billion pieces, it took less than a year, and the current account profit reached 44.63 million US dollars. The address currently ranks 13th in the Dogecoin holdings ranking list, currently holding 1.873 billion Dogecoins.

As of the time of writing, Dogecoin was temporarily reported at US$0.097, up 29.83% in the past 7 days, and its total market value has climbed to US$13.5834 billion, ranking seventh among all cryptocurrencies.

Further reading: Twitter logo becomes Dogecoin” cottage project 3 hours Rug; NFT “Memes by 6529” blessed by Musk soars

Changes in the positions of the 13th largest Dogecoin whale address. Source: BitInfoCharts

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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