Data shows a Dogecoin whale has transferred more than $9 million worth of DOGE to Binance, as the price of the crypto has been shooting up.
Dogecoin Whale Deposited $9.4 Million In DOGE To Binance During The Last 24 Hours
According to cryptocurrency transaction tracker Whale Alert, a huge DOGE transaction has been spotted during the past day.
The total transfer amount was 113k DOGE, and at the time the transaction took place, these coins were worth around $9.4 million in USD.
However, since then the Dogecoin price has continued to show some explosive growth, rising more than 50% in the last 24 hours alone, resulting in this stack now converting to more than $13 million.
Such large crypto transactions usually belong to an individual whale, or an entity made up of a number of investors.
Additional details of the transfer reveal that it went from an unknown wallet (likely a personal wallet), to the crypto…