Prominent blockchain tracker Whale Alert, which monitors large cryptocurrency transfers, has spotted a massive Dogecoin transaction worth $30,064,203.
155,000,000 DOGE were transferred to a popular trading platform Robinhood, which offers its customers not only stocks but cryptocurrencies as well. The transaction was made from an anonymous cryptocurrency wallet as an unknown whale seems to plan to sell his massive DOGE stash on the aforementioned platform.
The transaction took place approximately ten hours ago. It aligned with a Dogecoin price increase of 4.6%, when DOGE printed a massive green candle on the hourly chart and jumped from $0.18674 to $0.19535. By now, DOGE has faced a small rebound and is changing hands at $0.19039 after a 2.23% drop.
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Meanwhile, the largest meme cryptocurrency, Dogecoin, has reached a new all-time high of 7.97 million holders. According to a recent X post issued by the popular on-chain data aggregator Santiment, DOGE here comes third after Ethereum with its 148.38 million holders and Bitcoin with 55.39 million holders. XRP comes fifth on this list – it has 6.53 million holders.