CandleFocus

200 Million DOGE in 24 Hours – What's Happening?

Blockchain tracking platform Whale Alert has observed a significant Dogecoin (DOGE) transaction made by an anonymous whale from a popular investment and trading app. The transfer involved 200 million DOGE worth $45.7 million being withdrawn from the trading platform Robinhood and sent to an unknown wallet. Additionally, Whale Alert detected three consecutive transfers of the meme cryptocurrency Shiba Inu (SHIB) to Coinbase, each carrying roughly 1.6 trillion SHIB, worth $31.23 million in total. Both DOGE and SHIB experienced significant price increases in the last 24 hours, with DOGE rising by 13.28% and SHIB by almost 21%.

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