Dogecoin Whale Transfers $48.7M to Binance, Sparking Bearish Concerns

1 month ago 21

A major Dogecoin holder has transferred $48.7 million worth of the cryptocurrency to Binance, potentially signaling bearish pressure for the largest meme cryptocurrency by market capitalization. The transaction, involving 112,382,564 DOGE ($0.35), was tracked by crypto monitoring service Whale Alert. This movement from a private wallet to Binance represents a significant exchange inflow, typically associated with…

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