70,081,151 DOGE Shocks the World's Largest Crypto Exchange – Here's What’s Going On
Whale Alert, a leading blockchain tracking platform, has detected a massive Dogecoin deposit on Binance, the world’s largest cryptocurrency exchange. The transaction, worth over $27 million, involved 70,081,151 DOGE and came from an anonymous wallet with only four recorded transactions. On January 6, the wallet received a large DOGE amount, which was later transferred to Binance.
Cryptocurrency analyst Ali Martinez noted a sell signal on Dogecoin's chart using the TD Sequential indicator, predicting a potential price correction. After a 16% surge, DOGE dropped by 2.5%, trading at $0.38 at the time of writing.
Meanwhile, Dogecoin creator Billy Markus humorously reacted to Bitcoin’s recent surge past $100,000, reflecting on Bitcoin’s volatility and his skepticism toward crypto as an investment tool. Despite holding a small amount of Bitcoin, Markus has repeatedly emphasized the unpredictability of crypto markets.
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