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Benzinga
Benzinga
Business
Adrian Zmudzinski

315M DOGE Moved In One Go As Dogecoin Whales Continue To Be Restless

Over 315 million Dogecoin (CRYPTO: DOGE) were moved in a single transaction earlier today, as Dogecoin whales — cryptospeak for big holders — continue to be restless since Elon Musk's acquisition of social media giant Twitter Inc.(NYSE:TWTR) left many wondering if DOGE will be integrated into the platform.

What Happened: The transaction — processed on Wednesday — moved 315,169,403 DOGE from multiple addresses to an unknown wallet for a total transfer value of nearly $50 million as of press time, according to big transaction tracking service Clank. The transaction follows reports that 300 million DOGE were transferred in one go on Tuesday for a value exceeding $47 million at the time.

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