Anonymous Whale has moved over half a billion Dogecoins, splitting them between Binance and the top 20 wallets; Here’s How Musk Still Helps DOGE Against SHIB
@DogeWhaleAlert Have seen several transactions pushing huge amounts of the original mem coin DOGE. A total of about 780 million coins were transferred for small fees. Among the recipients was Binance Exchange.
Earlier this week, around 4 billion Dogecoins were transferred in total.
776 million DOGE on the move
The aforementioned tracker of DOGE transactions tweeted that over the past 24 hours, half a dozen transfers have been detected involving 776 million Dogecoins.
These funds were transferred in bales carrying between 70 million and 290 million DOGE. The smallest amount went to the equivalent of 72.3 million and 74.3 million meme coins. The largest share transferred a total of 291 million.
I
291,143,830 $DOGE ($24,846,214 USD) from an unknown wallet a . was transferred to #binance purse.
Fee: 64.20 ($5.48 USD)
TeX: https://t.co/yzqO3X59GC#DogecoinWhaleAlert #whale alert #dogecoin #crypto news
— ogecoin whale alert (@DogeWhaleAlert) 17 August 2022
A total of $24,846,214 DOGE worth $291,143,830 was sent to the Binance exchange from an anonymous wallet. An amount of 122,586,585 and 108,369,665 was transferred between unknown addresses. According to @DogeWhaleAlert, the three transactions, carrying approximately 255 million Dogecoins, were made in many of the top 20 DOGE wallets.
The fee for sending 291 million DOGE to Binance was only 64.20 DOGE – $5.48.
On August 15, as shared by @DogeWhaleAlert, a total of 3,626,448,978 were transferred. This lump of Dogecoin is equal to $258,900,035.
On June 1, Binance CZ tweeted that “Proof of Asset” was finally integrated for BSC-based tokens on their exchange – DOGE, XRP and a few others. At the time, the 1,400,000,000 Dogecoin wrapped on the Binance Smart Chain (also known as the BNB chain) was held by over 649,132 addresses.
#ICYMI #dogecoin https://t.co/lChILYdyvM
— ogecoin whale alert (@DogeWhaleAlert) 16 August 2022
See how much money DOGE Robinhood has here
Prior to the tweets mentioned above, the same source shared data about the amount of Dogecoin stored in its wallet by Robinhood, the popular trading app led by Vlad Tenev.
According to this data, Robinhood currently has 39,788,383,719 DOGE on behalf of its investors. This amount of crypto is valued at $3,377,516,529, which is 29.99% of the circulating supply of the Meme coin.
current total combined amount of #dogecoin organized by @RobinhoodApp On behalf of its investors:
39,788,383,719 $DOGE
— ogecoin whale alert (@DogeWhaleAlert) 16 August 2022
$3,377,516,529 USD
29.99% of the circulating supply https://t.co/iWz81VqfEE
DOGE lost the lead on Twitter to SHIB, but he still has Elon Musk . Is
As covered by U.Today earlier this week, the number of followers of the second largest coin, the Shiba Inu, has flipped Dogecoin’s number on Twitter. Now, SHIB has 3.44 million subscribers, while the official Dogecoin account has 3.43 million.
However, DOGE still maintains its leading position on CoinMarketCap by market capitalization value, while the Shiba Inu – 10th place versus 12th place. Also, unlike the Shiba Inu, Dogecoin has a “Tony Stark” from real life, as he was recently mentioned on Twitter, with Elon Musk as its biggest and most influential follower.
As a reminder, Tesla recently integrated DOGE into its online store as a means of paying for merch. In his recent tweet, Musk announced that he will continue to support Dogecoin and that he will continue to buy it.