CandleFocus 176 Million Dogecoin (DOGE) Transfer Stuns World's Largest Exchange
2024-10-20
Author: Content Editor
An unusual and sizable transfer of 176.64 million Dogecoin (DOGE) tokens, worth over $25 million, was made on Binance today. The transfer was made from an address with an extensive transaction history, indicating the presence of a significant player. It is unclear whether Binance itself is behind the transfer. Interestingly, the transfer occurred as Dogecoin was surging in price, reaching four-month highs and increasing by over 25% in the year. This transfer could be seen as a major player taking profits and capitalizing on the price rise.
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