Ancient Dogecoin Whale Returns After 10.4 Years: What Did They Do Next?

Ancient Dogecoin whale has resurfaced after decade-long absence, initiating transactions that could impact DOGE price

whale has reappeared on the cryptocurrency market after more than a decade hiatus, attracting a lot of attention from the community. According to Whale Alert, this whale, which owns an impressive 893,303 DOGE, valued at approximately $145,101, has initiated transactions for the first time since May 2014.The activation of this dormant account was triggered by the transfer of 23,338 DOGE, almost $4,000, to the world's largest cryptocurrency exchange, Binance.

The general consensus and expectation is that these crypto market participants often sell their holdings to take profits after a long period of inactivity. A recent transfer on Binance supports this view, suggesting that the whale may be preparing to liquidate some of its assets.Despite this significant transfer, this whale still owns over 869,964 DOGE, worth about $141,101.

He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Vitalik Buterin Reveals Biggest Ethereum Challenge Now

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

1.4 Billion Dogecoin (DOGE) in 24 Hours: Whales Are Waking UpDogecoin is seeing surge of whale activity, but the price's future is somewhat uncertain
Read more »

Dogecoin (DOGE) Faces Whale Drama as Key Metric Drops 86%Dogecoin (DOGE) faces uncertainty as whale activity drops by 86% within 24 hours
Read more »

DOGE Skyrockets 100% in Whale Transactions Amid Dogecoin ETF RumorsDOGE witnesses epic 100% surge in whale deals as Dogecoin ETF talk heats up
Read more »

Dogecoin (DOGE) Eyes Parabolic Growth in Key Metric Amid Whale ActivityDogecoin (DOGE) rockets toward potential parabolic growth as whale activity sparks surge in key on-chain metrics
Read more »

Dogecoin (DOGE) Creator Breaks Silence on Dogecoin ETFBilly Markus, one of creators of Dogecoin, reveals his real reaction to potential emergence of Dogecoin ETF
Read more »

Ancient Shiba Inu (SHIB) Whale Suddenly Takes 200% Profit After 3 YearsShiba Inu (SHIB) whale earns $3.2 million in 200% profit after 3-year HODL
Read more »