Main navigation

DOGE up 5% as This Large Player Shovels 306 Million Dogecoin, Here's Where

Wed, 06/21/2023 - 13:25
article image
Yuri Molchan
Staggering amount of Dogecoin has been shifted by this large crypto platform, while the coin's price rose
DOGE up 5% as This Large Player Shovels 306 Million Dogecoin, Here's Where
Cover image via

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

Over the past 24 hours, the original meme coin DOGE has demonstrated a rise of slightly under 5%.

Later today, a large stash of Dogecoin was transferred, carrying nearly $20 million worth of this canine digital currency. The transaction took place around two hours ago.

DOGE stash moved by largest crypto player

According to a recent tweet published by @DogeWhaleAlert, a massive 306,260,470 DOGE were moved between internal wallets of the Binance exchange. Transfers like this are typical, especially when exchanges set up new cold wallets or conduct other operations with the funds they store.

Just prior to that, Dogecoin surged by nearly 5% as it followed in the footsteps of the leading digital currency, Bitcoin. DOGE is now sitting at $0.06417.

BTC added 7.92% within the last 24 hours, regaining the $28,000 level and now approaching $29,000. The growth was triggered by the announcement that major Wall Street financial firms — Fidelity, Charles Schwab and Citadel Securities — extended their support to a newly opened crypto exchange under the name of EDX.

Ethereum (ETH) Regains $1,820 Fueled by These Triggers: Details

Besides, Fidelity is rumored to have the intention to file for a Bitcoin spot ETF, following the example of the world's largest fund manager BlackRock, which has done this recently.

Ethereum has also recaptured the $1,820 level, now exchanging hands at $1,828, according to data provided by CoinMarketCap.

article image
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