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8.9 Million DOGE Bought by Major BNB Whale: Details

News
Tue, 02/08/2022 - 10:32
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Yuri Molchan
Large whale who holds his funds mostly in BNB has added almost 9 million Dogecoin to their portfolio, while other whales have shifted 361 million DOGE
8.9 Million DOGE Bought by Major BNB Whale: Details
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Contents

WhaleStats has reported that slightly over three hours ago, the BNB whale in the top 100 among the largest 1,000 BNB whales purchased 8.9 million Dogecoin.

Meanwhile, an eye-popping 361 million DOGE have been shifted by other whales.

Big BNB holder buys nine million DOGE

The whale who made the purchase of 8,999,983 Dogecoin holds 75th place among the 1,000 BNB whales, per the WhaleStats scale. That address—0x51ca31fc7efb55db794378695ef3506aba0883d2—holds 20.75% of its portfolio in Binance Coin (BNB), worth $296,301.

However, the largest token by USD value here is not BNB but DODO. It constitutes 25.7% of the whale's crypto holdings and is worth $366,885. The total value of his portfolio is less than one million USD: $788,980.

Whales transfer 361 million Dogecoin

Ðogecoin Whale Alert has shared that in the past 10 hours, a lot more DOGE has been moved than the amount mentioned in the first part of the article.

Thus, more than 361 million coins have been shifted by Dogecoin whales in over a dozen transactions. The largest lump among them carried 100 million and 70 million DOGE.

Smaller transactions moved from 40 million to 7 million Dogecoin.

Interest in Dogecoin is rising along with its price. At the time of writing, the original meme cryptocurrency is changing hands at $0.1656, rising over 5% in the past 24 hours, per data provided by CoinMarketCap.

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Image via Twitter

Related
New Shiba Inu Whale Emerges, Here's How Much SHIB They Hold

Dogecoin founder on DOGE utility

Cofounder of DOGE, Billy Markus, has taken to Twitter to suggest a formula of crypto utility clear of "buzzwords." He believes this is the ability to send money quickly and cheaply in order to buy goods and services. He apparently believes that this utility is demonstrated by Dogecoin.

Another big milestone for DOGE community

As reported by U.Today earlier, the Dogecoin account on Twitter has reached a new milestone by surpassing three million followers. This is bigger than the rival Shiba Inu Twitter account with its 2.7 million subscribers.

In the past year, the DOGE account has seen staggering growth in followers by 681%.

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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.