Whale Alert, a well-known blockchain detective, has announced that a significant transfer of Dogecoin, a popular meme cryptocurrency, has taken place from Robinhood, a widely used investment platform.
In the last 24 hours, the mentioned trading and investment platform has moved over 500 million DOGE between various accounts.
🚨 150,000,000 #DOGE (23,552,001 USD) transferred from #Robinhood to unknown wallet
— Whale Alert (@whale_alert) April 16, 2024
300 million DOGE absorbed by major whale
According to the cited data source, they have recently posted on Twitter or X platform about two transactions taking place: one involved withdrawing 150 million DOGE from Robinhood, while the other transfered these tokens to an unidentified wallet with the address -1wwKF.
🚨 150,000,000 #DOGE (23,283,510 USD) transferred from #Robinhood to unknown wallet
— Whale Alert (@whale_alert) April 15, 2024
Based on blockchain information, within the past few days, an unidentified large investor received not only two transactions totaling 150 million DOGE but also processed several other significant meme cryptocurrency deals worth 30 million, 101.4 million, and 341.8 million DOGE. On April 13th, this wallet received inflows of 350 million and 34.6 million Dogecoin.
On April 12, this anonymous whale obtained 150 million plus 46 million DOGE, making a total of 196 million DOGE. Previously, on April 8, they had acquired 89 million DOGE. The current value of their Dogecoin holdings amounts to around 2.5 billion coins or approximately $388 million.
Elon Musk supports DOGE with new tweet
Elon Musk, known for his love of DOGE and memes, recently recreated the famous “Biggus Dickus” gag from Monty Python’s Life of Brian, which was first shown in 1979.
A picture shared by Musk shows two characters from the mentioned movie. One is represented as Musk himself, a Roman legionary, and the other as “the mainstream media,” portrayed as a Roman senator. The legionary chuckles uncontrollably while listening to the senator, symbolizing Musk’s amusement towards DOGE entering the top ten cryptocurrencies. Previously, the media criticized both Bitcoin and its parody version DOGE, but now they discuss it as a legitimate asset, albeit reluctantly.
Following the release of this tweet, Dogecoin experienced a temporary price increase of around 4%. Previously, Musk’s tweets had a more significant and prolonged impact on Dogecoin’s price, going back as far as three or four years ago.
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2024-04-16 12:01