In an intriguing turn of events, following a substantial rally witnessed by Dogecoin recently, three noteworthy whale transactions surfaced across the broader crypto market, showcasing the reshuffling of a staggering 276.06 million DOGE. These transactions promptly gained significant traction among crypto market fanatics globally as DOGE’s run past the $0.1 mark painted a bullish climate for the meme coin in recent days.
However, DOGE traded in the red as of press time, birthing speculations over the whale activity’s potential impact on the meme coin’s price. Derivatives data unveiled by Coinglass further curated speculations over a downtrend prevailing within the market, reflecting DOGE’s dip.
DOGE Whale Transactions: A Closer Look
According to the data revealed by the blockchain tracker Whale Alert, three massive whale transfers collectively aided in the shuffling of 276.06 million DOGE, showcasing accumulations and a dump parallelly. This showcased a mixed sentiment among wh
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