Whales Trigger 7% Drop in Dogecoin With Significant Transactions
Dogecoin has dropped over 7% as data shows large movements by whales on the Blockchain. Five significant transactions were recorded within 24 hours, with three of them involving the transfer of 600,000,018 DOGE worth $42,946,921. The other two transactions were smaller but still significant. These simultaneous transfers suggest that the same entity or group of investors may be behind them. The purpose of the transactions is unclear, but it could be related to over-the-counter deals or selling. The plunge in Dogecoin’s price may be linked to the US SEC’s lawsuit against Binance. At present, Dogecoin is Trading at around $0.0667, down 8% for the week.
parofix.com
Dogecoin has dropped over 7% as data shows large movements by whales on the Blockchain. Five significant transactions were recorded within 24 hours, with three of them involving the transfer of 600,000,018 DOGE worth $42,946,921. The other two transactions were smaller but still significant. These simultaneous transfers suggest that the same entity or group of investors may be behind them. The purpose of the transactions is unclear, but it could be related to over-the-counter deals or selling. The plunge in Dogecoin’s price may be linked to the US SEC’s lawsuit against Binance. At present, Dogecoin is Trading at around $0.0667, down 8% for the week.
parofix.com
