Transaction of 792,000,000 DOGE make price dip!
👉On March 7, Whale Alert, a popular blockchain sleuth, spotted a large DOGE transfer, carrying an astonishing 792,000,000 DOGE. At the time of the transfer, this amount of dog-themed tokens was valued at $157,580,591. The transaction took place between two anonymous wallets, resembling an over-the-counter crypto trade.
👉Many commentators interpreted this massive transaction as a bullish sign for Dogecoin.
👉Additionally, crypto trader and analyst Ali Martinez shared a chart provided by on-chain data company Santiment, demonstrating that over the course of three days, whales holding between 10,000 and 100,000 DOGE accumulated 150 million DOGE, suggesting they bought the dip during the price drop.
👉Meanwhile, at press time, $DOGE is changing hands at $0.1691, down 5.97% over the past 24 hours, per CoinMarketCap.
