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Slightly over 400 million Dogecoin shifted from top 20 wallet to Binance consecutively

According to recent tweets from the @DogeWhaleAlert tracker, anonymous top 20 wallets DJfU2p6woQ9GiBdiXsWZWJnJ9uDdZfSSNC transferred two lumps of Dogecoin to the Binance exchange four hours ago.

400 Million DOGE Moved to Binance in One Hour, Here’s What’s Happening

Four hours ago, one transfer followed by the other was made. With a total of 2,800,899,543,466 Doge sent and 2,801,375,878,712 meme coins received, the sending wallet currently holds 476,335,246 Dogecoin.

Upon hearing that Elon Musk intended to close the Twitter acquisition by Friday, the price of the biggest meme coin by market cap started to increase on October 27. The DOGE army had anticipated Musk’s implementation of Twitter Dogecoin payments. However, DOGE started to fall sharply after an official confirmation from the media that the Tesla CEO had taken control of Twitter. However, the meme coin started to expand earlier today, printing a substantial green candle on the hourly chart.

Musk recently debuted a brand-new item for himself called “Burnt Hair,” a perfume that costs $104 per bottle and is more of a collectible. Users may purchase the perfume for Dogecoin, Shiba Inu, Bitcoin, and a dozen other currency thanks to a cooperation with BitPay and Musk’s The Boring Company. Tesla started offering its products for DOGE at the beginning of the year, while SpaceX did the same in the spring.

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