Main navigation

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

Advertisement
Thu, 26/05/2022 - 13:11
68 Million DOGE Grabbed by BNB Whale as Dogecoin Returns as Most Frequently Bought Asset
Cover image via stock.adobe.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News
Advertisement

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.

Advertisement

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 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.

Article image
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.

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD