The Giant Meme Coin Whale Sleeping for 9 Years Awakened: Million Dollar Transfer, Was the Price Affected?

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Whale Alert detects that an inactive address has become active again. did. This address is currently 5,392,984 worth $372,461 dogecoin Contains. According to the crypto tracking platform, this wallet was last active in 2013.

This was the year DOGE was launched by its creators, Billy Markus and Jackson Palmer. This meme coinThey made , as a side project, as a parody of Bitcoin. BTC was launched four years ago.

When Billy Markus signed up for Twitter, he also picked up a nickname mocking the mysterious Bitcoin creator Satoshi Nakamoto. In this context, the DOGE co-founder started calling himself Shibetoshi Nakamoto on Twitter. According to Whale Alert, the whale woke up a little more than three hours ago. This awakened wallet transferred 392,000 DOGE to another blockchain address. It was a brand new wallet. It looks like the whale is distributing his millions of Dogecoin to different wallets.

Earlier this week, DOGE experienced a significant increase of 16.11%. Additionally, it jumped from $0.0649 to $0.0753. DOGE and other altcoins, BitcoinIt followed an extensive 13% rise as it regained the $34,100 level on October 24.

However, this momentum did not last long for DOGE. At the time of writing, the meme coin is trading at $0.0682, having lost 9.35% since Thursday’s jump. Earlier today, it was reported that an anonymous whale transferred a staggering 350,000,000 DOGE to the popular trading platform Robinhood, apparently to sell this huge pile of meme cryptocurrencies.


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