Satoshi

Bitcoin

Dogecoin

Million

<figure><figcaption> Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a></figcaption></figure>Well-reputed crypto tracker Whale Alert, which traces down large cryptocurrency transactions, has detected a dormant address reactivated – it contains 5,392,984 Dogecoin, now worth $372,461.Last time this wallet was active, according to the crypto tracking platform, was 9.8 years ago – 2013. This is the year when DOGE was launched to the market by <a href="https://u.today/lucky-shiba-doge-founder-inspires-both-doge-and-shib-armies-with-this" rel="noopener noreferrer nofollow">its creators Billy Markus</a> and Jackson Palmer, who made this meme coin as a side project and as a parody of the flagship cryptocurrency Bitcoin. BTC had been launched four years prior to that.<blockquote>💤 A dormant address containing 5,392,984 <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#DOGE</a> (372,461 USD) has just been activated after 9.8 years!<a href="https://t.co/XKqB6FhC3K" rel="noopener noreferrer nofollow">https://t.co/XKqB6FhC3K</a>— Whale <a href="https://twitter.com/whale_alert/status/1718285894916935872?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 28, 2023</a></blockquote>Billy Markus, when he registered on Twitter, also took an alias that mocks the mysterious Bitcoin creator Satoshi Nakamoto. The DOGE co-founder started calling himself on Twitter Shibetoshi Nakamoto.According to Whale Alert, slightly more than three hours ago, this awakened wallet transferred 392,000 DOGE to another blockchain address – that was a brand new wallet. This looks like <a href="https://u.today/7-million-worth-of-doge-transferred-to-robinhood" rel="noopener noreferrer nofollow">the whale is distributing</a> his millions of Dogecoin to different wallets.Earlier this week, between October 25 and October 26, the original meme coin DOGE experienced a substantial rise of 16.11%, jumping from $0.0649 to the $0.0753 level. DOGE, as well as other altcoins, followed the extensive 13% rise of Bitcoin as it regained the $34,100 level on October 24.However, this momentum did not last long for Dogecoin. At the time of this writing, the meme coin is <a href="https://www.tradingview.com/chart/3lWxXcMJ/?symbol=BINANCE%3ADOGEUSD" rel="noopener noreferrer nofollow">changing hands at $0.0682</a>, having lost 9.35% since that jump on Thursday.Earlier today, it was reported that an anonymous whale transferred a staggering 350,000,000 DOGE to the popular trading platform Robinhood, apparently, to sell this massive chunk of meme cryptocurrency.<blockquote>🚨 350,000,000 <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#DOGE</a> (23,695,759 USD) transferred from unknown wallet to <a href="https://twitter.com/hashtag/Robinhood?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Robinhood</a><a href="https://t.co/UBJlhPjEoh" rel="noopener noreferrer nofollow">https://t.co/UBJlhPjEoh</a>— Whale <a href="https://twitter.com/whale_alert/status/1718046924203294786?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 27, 2023</a></blockquote>

Ancient DOGE Whale Awakens, Moving 5.3 Million Dogecoin

U.Today

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