Popular blockchain tracker Whale Alert spread the news about the revival of an old Dogecoin wallet that was last active during the "era" of Bitcoin creator Satoshi Nakamoto. The brainchild of this step disappeared from public view in 2010, thinking it was best for the future of BTC.
Dogecoin was launched in December 2013 by Billy Markus and Jackson Palmer as a joke and parody of Bitcoin. Markus even gave himself a nickname similar to Satoshi, and became known as Shibetoshi Nakamoto, somewhat mocking him on social media.
The fact that the awakened wallet is 10.2 years old takes us to the end of 2013 and makes its owner the first Dogecoin owner.
The sleeping DOGE whale is getting active.
The aforementioned source tweeted that the awakened Dogecoin address currently contains 747,645 DOGE worth $113,344. DOGE moved a small portion of its assets (100 Dogecoins) to another anonymous wallet.
The wallet was reactivated during the period when the DOGE price dropped. Following the peak of $0.2, which DOGE, the largest cryptocurrency in terms of market value, reached on March 5, the price of Dogecoin fell by 38% to $0.1285. In the last 24 hours, the largest dog-themed cryptocurrency gained 32.5%, followed by another 14% decline. At the time of this writing, DOGE is changing hands at $0.1544 on Binance, the largest crypto exchange.
Whale Alert also broke the news of more than 1.5 billion Dogecoin transferred by anonymous cryptocurrency whales to and from Robinhood, a popular brokerage platform that offers investments not only in crypto but also in traditional company stocks.
Three large transactions were detected, the largest carrying 500,000,000 DOGE and two smaller ones carrying 300,000,000 and 256,396,141 DOGE. Cumulatively, these 1.5 billion DOGE are worth $167.4 million in fiat.