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$60M DOGE Moves from Coinbase to Unknown Wallet as Dogecoin Retests $0.19 Support

by DynamicTradesToday
June 1, 2025
in Editor's Pick
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$60M DOGE Moves from Coinbase to Unknown Wallet as Dogecoin Retests $0.19 Support
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Whale Alert, a known crypto tracking account, revealed on X three large transfers involving Dogecoin. The total transfers were for 312,375,048 DOGE, worth approximately $60 million, which were done in three transfers at equal amounts. The Whale Dogecoin Transfers to Coinbase The coins were sent to Coinbase, a leading cryptocurrency exchange, after previously being in unknown wallets. This kind of activity often catches the eye of investors. It shows that large holders, often called “whales,” are shifting their Dogecoin around. The first transfer was reported at 8:40 PM WAT. Within the same hour, two more identical transfers followed. Each post by Whale Alert included a link to the transaction details. Seeing such large amounts move to Coinbase might mean someone is preparing to sell their holdings. Such whale movements are not unique to Dogecoin. Recent ecosystem trends like institutional Bitcoin acquisitions show how large holders actively reshape market dynamics. DOGE… Read More at Coingape.com

The post $60M DOGE Moves from Coinbase to Unknown Wallet as Dogecoin Retests $0.19 Support appeared first on CoinGape.

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