A digital currency whale moved more than 450 million DOGE coins worth approximately $40 million. The transfer fee of this transaction is only 1.01 doge for this whale! That means he only paid 9 cents to move such a large amount.
According to Valex and quoted by Crypto Globe, this transaction by the monitoring service Dogecoin Whale Alert reported. This transaction was sent from one of the largest Dogecoin wallets to an unknown address.
The identity of this digital currency whale is not obvious to this service; We still don’t know if we are dealing with an exchange’s cold wallet address or a real/legal big investor who moved his Dogecoin assets on the network.
This transaction came just a short time after the news of Elon Musk’s attempt to include crypto payments in the upcoming payment tool of the Twitter platform.
The mentioned report caused the price of Dogecoin to increase. Musk is a well-known supporter of DOGE, and his car company – Tesla – will accept DOGE as a payment medium for some of its products starting in late 2021. Musk has also hinted at the possibility of Dodge being adopted by his other company, SpaceX.
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