Nearly 3 billion Dogecoin (DOGE) have been shifted in massive chunks for merely $9 worth of fees in crypto
According to @DogeWhaleAlert, mystery whales have shoveled almost 3 billion Shiba Inu meme coins in massive chunks of 4 million Dogecoin (DOGE). This occurred when interest in Dogecoin reignited because of Elon Musk’s return to his acquisition of Twitter.
2.7 Billion Dogecoin Moved by Mysterious Whales in 2 Million Lumps
The Dogecoin tracker spread the word that anonymous whales shifted a total of 2,768,293,846 in lumps of two million coins and last week. There were roughly 90 transactions as they moved this Dogecoin for a total fee of merely 142 DOGE – $9.
🐳👀 Weekly Whale Watch:
Last week there were approximately 90 🐳 txs of 4M Ðoge or more.
Total Ðoge: 2,768,293,846 ($178,431,428 USD)
Total fees: 142 Ðoge ($9 USD)
Average spot price: 0.0636#DogecoinWhaleAlert #WhaleAlert #Dogecoin #CryptoNewshttps://t.co/iWz81V8Eg4— Ðogecoin Whale Alert (@DogeWhaleAlert) October 10, 2022
Last week, it was revealed that Tesla CEO and billionaire Elon Musk had renewed his stalled effort to buy Twitter for $44 billion. Since early this year, that news has sparked renewed interest in Dogecoin.
Musk is a well-known supporter of DOGE, and his tweets are used to drive the coin’s price up. In them, Musk repeatedly referred to Dogecoin as “the money of the people” and pledged to send DOGE to the moon. Tesla has been accepting DOGE as payment for its merchandise in its online store since January of this year. In the spring, SpaceX did the same.
According to the same source, one of the most popular trading platforms, the Robinhood app, is holding an astounding quantity of DOGE on behalf of its consumers. At the time of writing, the wallets on the site had a total of 40,508,384,607 Dogecoin. This equates to $2,518,365,763, accounting for 29.70% of the meme coin’s circulation supply.
The current total combined amount of #Dogecoin held by @RobinhoodApp 🪶 on behalf of its investors is:
40,508,384,607 $DOGE
$2,518,365,763 USD
29.70% of the circulating supplyhttps://t.co/iWz81V8Eg4— Ðogecoin Whale Alert (@DogeWhaleAlert) October 9, 2022
This wallet has sold 623 billion Shib in the past three weeks
An unknown crypto investor has transferred an incredible 160 billion Shiba Inu, according to Twitter user @shibaplay_. This is the same as 1,742,400. According to Etherscan data, this wallet has sold around 623 billion meme coins in the last 20 days. Before it, though, the whale purchased nearly twice as much SHIB – a stunning trillion coins.
Whale alert 🚨: 160,000,000,000 $SHIB transferred.
check details 👇🏻 https://t.co/rqBiN1Ji2O— ShibaPlay (@shibaplay_) October 10, 2022
According to Etherscan, the wallet 0xcffad3200574698b78f32232aa9d63eabd290703 purchased 1,000,000,000,000,000 Shiba Inu 21 days ago. The transaction took place on the Crypto.com exchange. Following that, he divided the quantity of canine crypto and began carrying it in parts weighing mainly 150-160 billion Shiba. The one sent around four hours ago contained 160,000,000,000 and was sent to a Crypto.com wallet.
This whale purchased one trillion SHIB thirty-eight days ago and then sold them similarly. One trillion SHIB is enough to benefit handsomely from even little variations in the SHIB pricing.
Source: Etherscan
Shiba Inu just overtook LOCUS token as the largest holding of the top Ethereum whales, according to WhaleStats wallet tracker. SHIB also managed to retain that place for a long this week, remaining there for many days. At the time of writing, the top 100 whales on Ethereum own $132,998,977 worth of the crypto community’s second most popular canine cryptocurrency. This accounts for 5.05% of their portfolios.
📰 JUST IN: $SHIB @Shibtoken has flipped $LOCUS for biggest holding by dollars among top 100 #ETH whales
Check the top 100 whales here: https://t.co/N5qqsCShZR
(and hodl $BBW to see data for the top 5000!)#SHIB #LOCUS #whalestats #babywhale #BBW pic.twitter.com/vCTwutpUpo
— WhaleStats (tracking crypto whales) (@WhaleStats) October 10, 2022
Read more:
- This Whale Has Bought 100 Billion SHIB Inspired By The Recent Success Of Shiba Inu
- In Past Two Days, Someone Has Shifted Almost One Billion Dogecoin And Two Trillion Shiba Inu