Nearly 300 million Dogecoin (CRYPTO: DOGE) worth $30 million have been moved from the wallets of the largest Dogecoin whale, according to a popular on-chain data provider.
What Happened: On Monday, Lookonchain posted a tweet about market makers and whales and their impact on cryptocurrency prices. The post said that market makers and whales always move ahead of price increases.
See Also: Best FTX Alternatives: How to Keep Your Crypto Safe in 2022
The on-chain platform also included Elon Musk in its tweet, speculating if Musk had engineered Dogecoin’s price rise.
According to bitinfocharts.com, the whale's address is said to be on Robinhood.
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
