Popular blockchain tracker Whale Alert has spread the word about the reawakening of an ancient Dogecoin wallet after last being active during the “era” of Bitcoin creator Satoshi Nakamoto. He disappeared from public view in 2010, considering this step to be the best for the future of his creation, BTC.
Popular blockchain tracker Whale Alert has spread the word about the reawakening of an ancient Dogecoin wallet after last being active during the “era” of Bitcoin creator Satoshi Nakamoto. He disappeared from public view in 2010, considering this step to be the best for the future of his creation, BTC.
Dogecoin was launched in December 2013 by Billy Markus and Jackson Palmer as a parody of Bitcoin. Markus even gave himself a nickname similar to Satoshi and made fun of him in a way: on social media he is known as Shibetoshi Nakamoto.
The awakened wallet is 10.2 years old, taking us back to late 2013, making its owner one of the first holders of Dogecoin.
Dormant DOGE whale stirs
The aforementioned source tweeted that the awakened Dogecoin address contains 747,645 DOGE, which is valued at $113,344 right now. You have moved a small portion of your DOGE holdings (100 Dogecoin) to another anonymous wallet.
The wallet was reactivated at a time when the price of DOGE was falling. After the peak of $0.2 reached by the largest meme cryptocurrency by market capitalization value, DOGE, on March 5, the price of Dogecoin plummeted 38% to reach $0.1285. In the last 24 hours, the largest dog-themed coin recorded a 32.5% increase followed by another 14% drop. At the time of writing, DOGE is changing hands at $0.1544 on the largest crypto exchange, Binance.
The aforementioned peak was DOGE’s three-year high, reached when Dogecoin followed Bitcoin, which broke an ATH at $69,200.
1.5 billion DOGE shoveled by existing whales
Whale Alert has also spread the word about more than 1.5 billion Dogecoin transferred by anonymous cryptocurrency whales to and from Robinhood, a popular brokerage platform that offers investments not only in cryptocurrencies but also in stocks of traditional companies.
Three massive transactions were detected, the largest being 500,000,000 DOGE and two smaller ones: 300,000,000 and 256,396,141 DOGE. Together, these 1.5 billion DOGE are worth $167.4 million in fiat money.
As Guru-Investingreported, earlier this week, another spike in DOGE whale activity was noted on major cryptocurrency exchanges Binance and Coinbase, as whales also transferred over 1.6 billion DOGE to and from those. platforms.
