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Whales Move Millions Of DOGE To Exchanges: Potential Sell Off?

Published 22/07/2023, 08:58
© Reuters Whales Move Millions Of DOGE To Exchanges: Potential Sell Off?
DOGE/USD
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  • Whale Alert reported that two whales transferred millions in DOGE to exchanges.
  • A significant medium-term bullish technical flag was triggered on DOGE’s daily chart in the past 3 days.
  • At press time, DOGE was worth $0.07229 after its price rose by 0.42% over the past 24 hours.

The blockchain tracking and analytics platform, Whale Alert, shared on Twitter yesterday that two whales transferred Dogecoin (DOGE) worth millions to exchanges. According to the first post by the platform, one whale transferred 85,000.009 DOGE, worth approximately $6,177,001, from an unknown wallet to Binance yesterday.

In addition, a second post from Whale Alert indicated that the other whale transferred 450,000,000 DOGE, valued at more than $32 million, from an unknown wallet to Robinhood. Traders should keep their eyes on the meme coin’s price as these transfers may be the early signs of a potential DOGE selloff.

The post Whales Move Millions Of DOGE To Exchanges: Potential Sell Off? appeared first on Coin Edition.

The post Whales Move Millions Of DOGE To Exchanges: Potential Sell Off? appeared first on Coin Edition.

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