An unknown investor has grown his or her holdings by about 6.3 million coins, which increased Dogecoin holdings.
A huge investor has grown his or her holdings by about 6.3 million DOGE, according to Whalestats.
After plunging to lows of $0.122 during the market slaughter on December 4, the DOGE price has been moving sideways since then. Whales, or large investors, have been known to take advantage of price falls or macro consolidation to stock up on their favored coins.
Dogecoin holdings grew to 6.3 million dongs thanks to a major investor
During the recent slump, investors continued to hunt for opportunities to buy. While the price is hovering around $ 0.17, an unknown buyer has just purchased 6,369,751 DOGE worth $ 1,114,337.
A BNB whale just bought 6,369,751 $doge ($1,114,337 USD).
Ranked #322 on WhaleStats:Â https://t.co/EFMj9Q94dh
Transaction: https://t.co/42DcPuZutV#DOGE #BEP20 #BNB #whalestats— WhaleStats – the top 1000 Ethereum richlist (@WhaleStats) December 8, 2021
On December 6, Dogecoin celebrated its eighth birthday, marking the coin’s eight years in existence. DOGE has had a significant influence throughout the years, with an average of 60 million active addresses, according to IntoTheBlock data at press time.
Following Elon Musk’s social media activities, Dogecoin soared 17,000 percent in just four months at the height of its frenzy in early 2021. Dogecoin is still up 5,427 percent year over year, despite being down over 76 percent from its all-time highs of $0.731.
