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Dogecoin Worth $80 Million Switches Hands Between Anonymous Wallets

Dogecoin Worth $80 Million Switches Hands Between Anonymous Wallets

In a recent revelation by Whale Alert, an astronomical amount of Dogecoin was observed shifting hands between undisclosed wallets.

Whale Alert shared information about a colossal transfer of DOGE, the meme-inspired digital currency, occurring between two anonymous blockchain addresses. A staggering 990,000,000 DOGE units were part of this transaction, boasting an impressive valuation of $79,757,842 at the precise moment of the exchange.

Whale Alert’s provided insights unveil that this transfer unfolded through 11 separate transactions, each involving 90,000,000 Dogecoin, collectively amassing the aforementioned 990,000,000 coins.

The recent mammoth transfer of 990 million meme-inspired coins has sparked fervent discussions within the Dogecoin community.


READ MORE: South Korea Takes Aim at Crypto Mixers in Global Fight Against Money Laundering


Community members are actively speculating about the origin and destination of this significant Dogecoin transfer, with conjectures circulating about a potential impending shift in the DOGE market.

Over the last few days, Dogecoin, the pioneering meme cryptocurrency, has witnessed a nearly 5% decline from $0.0843 to $0.0803.

Author
Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

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