The community of the world's leading memecoin Dogecoin (CRYPTO: DOGE) may have a reason to be worried, now that whales (large crypto holders) started moving their coins around while the price of DOGE is slumping.
What Happened: As reported by Dogecoin large transaction tracking service DogeWhaleAlert, over the last few hours a combined amount in excess of 414 million DOGE has been transferred from the wallets of major holders of the coin. The number of Dogecoin being transferred is equivalent to over $53 million as of press time.
