Amid a whirlwind of excitement in the cryptocurrency market, the Dogecoin price has surged over 20%, flirting with the $0.17 mark. Notably, the surge comes with noteworthy movements of over 245 million DOGE by prominent holders, also known as whales, sparking discussions among investors.
Furthermore, speculations of a potential Dogecoin Exchange-Traded Fund (ETF) launch have added fuel to the fire, driving optimism among enthusiasts.
Whale Activity Soars Amid ETF Buzz
Whale Alert, a platform tracking on-chain data, reported significant movements of Dogecoin by whales, totaling approximately 245 million DOGE. Notable transfers include 47.81 million DOGE from Binance to an unidentified wallet and 60 million DOGE from Coinbase to another unknown wallet.
Meanwhile, there were other four transactions, which involved two 34.09 million, another 34.34 million, and 34.28 million transfers from unknown wallets to Coinbase exchange. These hefty transactions into and from the prominent crypto exch
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