Ethereum

Bitcoin

Dogecoin

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
This Monday, meme coin enthusiasts were intrigued by a significant transfer of Dogecoin (DOGE). Earlier today, 166.2 million DOGE tokens, which are worth approximately $14 million, were <a href="https://twitter.com/whale_alert/status/1749490245312119144" rel="noopener noreferrer nofollow">transferred</a> from the Robinhood trading platform to an unknown wallet.&nbsp;
The transaction was detected and reported by Whale Alert, a service that tracks large cryptocurrency transactions.&nbsp;
<h2 id="recent-robinhood-related-dogecoin-moves">Recent Robinhood-related Dogecoin moves</h2>
Over the past month, Robinhood has been a focal point for several major Dogecoin transactions.&nbsp;
On Jan. 9, a transfer of 134.1 million DOGE (valued at around $10.85 million) was moved from Robinhood to an unknown wallet.&nbsp;
Conversely, on January 8, a significant amount, 78 million DOGE, worth about $6.29 million, moved from an unknown wallet into Robinhood.&nbsp;
On Jan. 4, a massive movement of 883,016,276 DOGE (approximately $72.93 million) between unknown wallets took place.&nbsp;
<h2 id="the-doge-price-drop">The DOGE price drop &nbsp;</h2>
Dogecoin has experienced a 6.2% decrease in value over the last 24 hours, a move that is in line with the broader cryptocurrency market's recent downturn.&nbsp;
Bitcoin (BTC), Ethereum (ETH), and other major cryptocurrencies have also faced significant selling pressure, reflecting a wider market trend. The flagship cryptocurrency has now slipped below the $40,000 level.&nbsp;
This <a href="https://www.coingecko.com/" rel="noopener noreferrer nofollow">downturn</a> is evident in Dogecoin's current price of $0.08082, down from a 24-hour high of $0.08632.&nbsp;
This fluctuation is a part of the volatile nature of cryptocurrencies, where prices can change rapidly due to various factors, including market sentiment, regulatory news, and technological developments.

Dogecoin Sees Mysterious $14M Transfer from Robinhood

Table of Contents

U_Today

Other articles published on Jan 22, 2024

MrBeast Says His First Video on X Made Over $250,000

What’s Drawing ADA and TRX Investors to this Rising Cryptocurrency?

XRP Fights to Flip Key Resistance Amid Intense Crypto Sell-Off

Breaking News: Coinbase Announces New Altcoin Listing

Bitcoin Under Pressure: The Impact of Grayscale Bitcoin Trust’s Management Fees

In its initial presale phase, Kelexo (KLXO) gains support from Avalanche (AVAX) and Chainlink (LI...

Join our free newsletter for daily crypto updates!