โ ๐๐ฒ๐ฌ๐ญ๐๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐๐ ๐๐ก๐๐ฅ๐ ๐๐ฎ๐ฅ๐ฅ๐ฌ $๐๐๐ ๐จ๐ฎ๐ญ ๐จ๐ ๐๐จ๐๐ข๐ง๐ก๐จ๐จ๐
A mysterious whale just pulled 260 million Dogecoin (DOGE) โ worth over $57 million โ out of Robinhood, sparking speculation across the crypto community. According to on-chain data, this major withdrawal happened in two transactions: one for 210 million DOGE, followed by another 50 million DOGE, both heading to the same unknown wallet.
What makes this move even more notable is that the receiving wallet now holds around 420 million DOGE, valued at approximately $92 million. This makes it one of the largest non-exchange DOGE wallets on the network โ and raises questions about whoโs behind it.
The transfer was first spotted by Whale Alert, with Arkham Intelligence confirming the details through blockchain records. The destination wallet is unlabeled and isnโt linked to any centralized exchange or known custodian. Interestingly, this wallet has been steadily accumulating DOGE, with no signs of outflows since the large inbound transfers.
This mystery adds fuel to speculation: Is it a private investor quietly stacking DOGE? Could it be custody restructuring, or even preparation for a large OTC deal? No one knows for sure โ but it highlights a broader trend.
Dogecoin was trading around $0.22 at the time of the move, and despite the sheer size of the transaction, the price remained mostly steady. Still, such whale activity tends to draw attention, especially when coins are leaving exchanges, suggesting a shift toward long-term holding.
As more large DOGE holders move funds off platforms like Robinhood, questions around intent and timing continue to grow. One thingโs certain โ this new whale just made a bold, attention-grabbing move in the Dogecoin market.