Whale Alert, a major blockchain tracker, has revealed a large Dogecoin withdrawal worth nearly $55 million from Binance, the world's largest centralized crypto exchange. The transaction involved the transfer of $175 million worth of Dogecoin to an anonymous wallet. The funds were split between two different blockchain wallets, with the majority being held in one wallet valued at $173 million. This transfer occurred as Dogecoin experienced a significant decline, presenting an opportunity for traders and investors to purchase the meme coin at a lower price. In addition, a cryptocurrency whale was found to have accumulated 257.5 billion SHIB (Shiba Inu meme coins) worth approximately $4.6 million, taking advantage of the price drop. SHIB has since started to recover after a 11.84% decline in the past 24 hours.



Other News from Today