Cryptocurrency

Over 1 Billion Dogecoin (DOGE) Moved by Robinhood and Anonymous Whales over Past Day

DogeWhaleAlert, a Twitter account that tracks large and extra-large Dogecoin transactions, has spotted 15 transactions carrying a total of over one billion DOGE, the number 1 meme token in the crypto market.

Whale Moved over 1 billion Dogecoin (DOGE)

Anonymous whales have shifted 1.049 billion Dogecoins, according to the data shared by DogeWhaleAlert crypto tracker. From a total of 15 transactions, several carried a huge amount of DOGE – such as 150,000,000 (two transfers, equal to $51 million), 100,000,000 ($17,048,600) and 200,000,000 DOGE (worth $34,112,000).

Read Also: Dogecoin Devs Publish First-Ever Roadmap, Say Utility is the Key to Adoption of DOGE

The other transfers carried various smaller amounts ranging from 4,000,000 to 25 million and 50 million DOGE.

The overall amount of Dogecoin transferred is equal to $176,757,691 in fiat currency. In some of the aforementioned transactions, Robinhood trading platform acted either as sender or receiver of Doge.

Read Also: Dogecoin Whale Moves Nearly $1 Billion Worth Of DOGE in Single Transaction That Costs Just $0.76

At the moment, Robinhood holds a total of 42,514,935,864 DOGE on behalf of its investors. This is the equivalent of $7,285,316,895 and is 32.05% of the DOGE that is currently in circulation.

Dogecoin (DOGE) in the Market

Dogecoin is changing hands at $0.1691 after a small decline of 1.38% in the past 24 hours, according to CoinMarketCap. At the moment, the meme crypto is 77.04% below its all-time high of $0.7376 reached on 8th May 2021.

Read Also: Elon Musk Supports Dogecoin Co-Founder in His Quest to Make DOGE Users Run Their Own Nodes

On 24th December 2021, the most popular meme crypto surged to a high of $0.2135. However, since Dec. 29, it has been trading in the $0.17 range.


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Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.

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