In a significant move within the cryptocurrency space, a Dogecoin whale orchestrated the transfer of more than 103 million DOGE from the widely used trading platform Robinhood. This transaction stands out among a series of substantial movements observed in the Dogecoin market throughout November.
The renowned Whale Alert service, which monitors and reports large-scale cryptocurrency transactions, highlighted this noteworthy transfer. On November 15th, a massive movement of 690 million DOGE, equivalent to approximately $50.3 million, occurred. The transfer took place between wallets, and the ownership of these wallets remains undisclosed.
🚨 103,280,221 #DOGE (8,239,746 USD) transferred from #Robinhood to unknown wallethttps://t.co/DYaj5nSiiU
— Whale Alert (@whale_alert) November 16, 2023
Furthermore, this transaction follows a pattern of substantial movements involving Dogecoin this month. On November 13th, an unidentified wallet received a shift of 140.6 million DOGE from Robinhood. In early November, an unidentified wallet recorded transactions of 75.3 million and 73.6 million DOGE to and from Robinhood and a colossal transfer of 250 million DOGE to Robinhood on November 7th.
DOGE Price and Activity on the Rise
Currently, the current value of Dogecoin stands at $0.078995, accompanied by a 24-hour trading volume totaling $1,135,057,042. Over the past day, Dogecoin has experienced a decrease of 3.56%.
Furthermore, a tangible Dogecoin token set to journey to the moon in December has been identified as contributing to the uptick in Dogecoin’s value and overall market engagement.
🚀Dogecoin On The Moon Update🌕
Exciting news for the Dogecoin community!🌑
Astrobotic plans to send a physical Dogecoin to the moon in the DHL Moonbox via ULA’s Vulcan Centaur Rocket on 12/23/2023. Funded by our community in 2015, this mission embodies collective effort! pic.twitter.com/QESz4ikHln
— Dogecoin (@dogecoin) November 16, 2023
Astrobotic intends to dispatch a tangible Dogecoin to the lunar surface using the DHL Moonbox aboard ULA’s Vulcan Centaur Rocket on December 23, 2023. This mission, fueled by our community in 2015, truly epitomizes the collaborative spirit that propels it forward!
Related Reading | Bitcoin ETF Approval Hinges on Coinbase, Says BitGo CEO
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