Predstoji rasprodaja Dogecoina? Whale Trnxs sugerira ovo

The world’s biggest meme crypto, Dogecoin (DOGE) price usually registers huge spikes when Tesla and Twitter CEO, Elon Musk makes some comments about the token. Despite the recent broad recovery in the crypto market, Dogecoin prices haven’t moved much. However, whale wallets’ transactions suggest some unfavorable moves for the DOGE.

Over 300 million Dogecoin on the move

As per Ðogecoin Whale Alert, crypto whales have been caught moving more than 300 million Dogecoin (approx worth $27 million) in multiple transactions over the past 24 hours. The najveća pojedinačna transakcija recorded by the tracker has been of moving 123.8 million DOGE (approx worth $10.9 million) to an unknown wallet.

Data depicts several transactions between unknown addresses and wallet addresses labeled as Top 20 wallets. However, these wallets were caught dumping $1.03 million worth of 11.69 million DOGE in a single transaction.

As we dig in, WhaleAlert flashed a whale transaction moving its Dogecoin holding to Coinbase, crypto exchange in order to dump. Whale dropped 57 million DOGE (Approx worth $5.11 million) on Coinbase. This whale move outlines that either whale are looking for a price surge ahead in order to book profit or they are trying to drag the DOGE price lower to add more tokens.

Sa strane tržišta, Dogecoin cijena have surged by 16% over the past 30 days. While Shiba Inu (SHIB) price rose by a massive 45% in the same period.

However, Dogecoin prices have registered a marginal drop over the past 24 hours. As per Coinglass data, traders have liquidated $1.60 million worth of 18.03 million DOGE in the last 24 hours. It is trading at an average price of $0.088, at the press time. Its 24 hour trading volume has dropped 38% to stand at $604 million.

Ashish vjeruje u decentralizaciju i ima veliki interes za razvoj Blockchain tehnologije, ekosistema kriptovaluta i NFT-a. Njegov cilj je da stvori svijest o rastućoj kripto industriji kroz svoja pisanja i analize. Kada ne piše, igra video igrice, gleda neki triler film ili se bavi nekim sportom na otvorenom. Javite mi se na [email zaštićen]

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Source: https://coingape.com/dogecoin-sell-off-ahead-whale-trnxs-suggests-this/