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68 Million DOGE Grabbed by BNB Whale as Dogecoin Returns as Most Frequently Bought Asset

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Thu, 05/26/2022 - 13:11
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Yuri Molchan
Large BNB whale has laid his hands on almost 70 million Dogecoin, while DOGE returns to the list of most popular smart contracts
68 Million DOGE Grabbed by BNB Whale as Dogecoin Returns as Most Frequently Bought Asset
Cover image via stock.adobe.com

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WhaleStats crypto tracking platform has posted a tweet, showing a large transaction made on the BNB chain by a whale who bought 68 million Dogecoins.

In the meantime, DOGE now is back on the list of most actively bought tokens on the BNB Chain (formerly known as BSC chain).

Whale grabs 68 million Dogecoin

Twelve hours ago, a whale whose wallet carries an exotic name, "Martian Manhunter," purchased 68,000,000, paying $5,684,188 for this amount of meme coins. The whale himself is number 71 on the WhaleStats scale, according to the tweet.

Among other large single positions in this whale's portfolio is TUSD stablecoin, AVAX, DAI, TRX, MATIC and Cardano's native token, ADA.

Overall, the largest 100 wallets on the BNB chain are holding $15,833,990 worth of Dogecoin—that is 1.17% of their comprised portfolio.

They own slightly more of BNB Chain-based ADA worth $16,483,029, which is 1.22% of their comprised crypto riches.

At the time of writing, however, the aforementioned whales hold zero DOGE as they have moved it out either to sell or simply moved the coins to another address.

Related
DOGE Co-Founder Stopped Investing in Crypto 9 Years Ago, Here's Why

DOGE leads the top 10 purchased coins list

As per the data shared by the aforementioned crypto tracker, Dogecoin is now on the top 10 list of the most used smart contracts, which means it is among the coins that are bought most actively now.

The largest meme token now holds first place on the top 10 list of purchased coins on BNB Chain. The average amount of DOGE that has been bought in the past 24 hours is nearly 690,000 coins worth $57,646.

DOGEBSCmostbought_00hjkaedf
Image via WhaleStats

"Proof of Assets" for DOGE on Binance

As reported by U.Today earlier this month, Binance chief Changpeng Zhao promised to add "Proof of Assets" for BSC-DOGE. This means the data in a wallet that shows the amount of actual Dogecoins that back the BSC-DOGE tokens.

The head of the largest crypto exchange has tweeted that after the Dogecoin army had been pushing for Binance to do that for a long while.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.