In a groundbreaking move a major Dogecoin ($DOGE.X) whale recently made waves in the crypto world by transferring over $445 million worth of DOGE.
A significant dogecoin whale swiftly moved 6.26 billion DOGE across seven transactions in less than 10 minutes, highlighting changes in the top Dogecoin wallets.
Additionally, the whale reclaimed the fifth spot by acquiring 5.46 billion DOGE, amounting to $445 million.
Notably, the receiving wallet experienced a significant climb from the fifth-largest to the second-larget Dogecoin address, now boasting an impressive 8.84 billion DOGE worth over $643 million.
Meanwhile, Robinhood continues to dominate Dogecoin with a colossal holding of 22.6 billion DOGE, valued at $16 billion, representing 16.23% of the cryptocurrency's total supply.
Dogecoin is currently trading at around $0.07114, with a 2.87% dip in the past 24 hours. The market is consolidating without a clear direction from bulls or bears, and sideways trading is expected until mid-June within the $0.07 to $0.08 range.