The leading player in the meme coin segment, the Dogecoin price has gained notable traction today amid significant whale transactions. Notably, according to recent data, a Dogecoin whale has accumulated a massive amount of DOGE from crypto exchanges. Meanwhile, the update comes amid a recent slump in the Dogecoin price, as well as in the broader crypto market, sparking discussions over the potential reason behind the accumulation.
Besides, the recent series of transactions has also sparked optimism among the market participants over a potential rally in the Dogecoin price in the coming days.
Massive Whale Transactions Spark Speculation
According to the on-chain transaction tracking platform, Whale Alert, two whale transactions were witnessed recently, fuelling market interest. Notably, in the first transaction, an unknown DOGE whale, identified by the wallet address “DDuXG….1wwKF” has accumulated 150 million DOGE, worth over $21.28 million, from Robinhood.
Simulta
We współpracy z: https://coingape.com/dogecoin-whale-buys-226m-doge-robinhood-price-rally-ahead/
