Suspicious Whale Transactions Identified in Dogecoin Ecosystem By CoinEdition

© Reuters Suspicious Whale Transactions Identified in Dogecoin Ecosystem

  • Whale Alert revealed three suspicious transactions on the dogechain.
  • All the transactions identified had identical characteristics and followed a similar pattern.
  • History suggests whale activity in preparation for a bull run.

Details shared by the Dogecoin Whale Alert show that large amounts of the flagship meme coin were transferred in a pattern that suggests prolonged storage. Multiple notifications from the Doge alert reflect that some users are unifying the storage location of DOGE tokens.

Notably, three significant transactions that followed the same pattern were shared by Dogecoin Whale Alert on Twitter.