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It owns prominent blockchain tracking platform Whale Alert Spotted a huge Dogecoin deposit Which reached the largest cryptocurrency trading site in the world, Binance.
The transfer worth over $27 million was initiated by a mysterious whale from an unknown blockchain address and constitutes $70,081,151 USD.
According to the account details shared by Blockchair Explorer, the sender's wallet was recently set up, as it only contained four transactions. On January 6, this wallet received 70,081,124 DougWhich I sent to Binance today.
Related to
A sell signal on the DOGE chart was spotted by the analyst
Ali Martinez, a cryptocurrency analyst and trader, known on social media network
Martinez stated that according to the TD Sequential indicator, which is designed to predict price corrections and rebounds in the market, a sell signal has formed on the daily chart of DOGE. Therefore, the analyst expects a price correction.
After rising more than 16% since Friday and reaching $0.39644, Dogecoin fell 2.51% today. At the time of writing, the popular cryptocurrency is trading at $0.38,680 per coin.
Dogecoin Co-Founder Reacts to Bitcoin Recovering $100,000
On January 6, the world's leading cryptocurrency, Bitcoin, jumped 3.75%, regaining the $100,000 level to reach $102,500, as MicroStrategy, led by Bitcoin evangelist Michael Saylor, announced... Huge purchase of 1,070 Bitcoinand paid $101 million for that cryptocurrency payment.
Dogecoin creator Billy Markus, known on social media as Shibitoshi Nakamoto, reacted to this bullish news in his typical joking style, using memes and highlighting the Bitcoin price's rise above the crucial $100,000 level. In mid-December, Bitcoin hit a historic peak above $108,000 and has traded below $100,000 since then, partially recovering its losses now with prices rising yesterday.
While Marcus has revealed several times that he owns Bitcoin (0.006 BTC), he does not hold out any hope of becoming a millionaire with it. In his numerous tweets, he several times expressed a skeptical attitude towards cryptocurrencies as an investment tool, claiming that no one really knows why Bitcoin rises or falls, and hinting that leaving a day job in which he bets on cryptocurrencies is not the best idea.
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