226 million DOGE scooped up by whale
According to tweets recently published by Whale Alert, over the past 24 hours, an anonymous cryptocurrency whale removed two large crypto chunks from Robinhood. These transactions carried 150,000,000 and 76,316,694 DOGE, making it more than 226 million Dogecoin in total.
DOGE whales become inactive
As reported by U.Today earlier, a recent report published by the Santiment on-chain data agency shows a major decline in non-zero Dogecoin wallets. After large rises in this metric observed by the analytics team earlier this year, the number of these Dogecoin addresses has flattened.
Santiment also mentioned that despite the flattening, DOGE wallets have been doing better than Cardano ones; non-empty ADA wallets have seen a major drop. The winner here so far is the flagship cryptocurrency Bitcoin – wallets with a non-zero amount of BTC in them have been growing persistently as of late, despite the marketing witnessing quite volatile prices on BTC.
Dogecoin market performance
After approximately a week of flat trading, the largest meme cryptocurrency by market cap, Dogecoin, has demonstrated yet another plunge. Since Sunday, DOGE has lost 8.5% and only managed to recover less than 1% today.
Overall, since April 24, the iconic meme-themed coin has declined by almost 15% and is changing hands at $0.1384 at the time of this writing.
Recently, DOGE has managed to advance deeper into the top 10 group of cryptocurrencies, now occupying eighth place with a market capitalization value of $20,003,212,269.
