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<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/old-dogecoin-wallet-springs-to-life-with-significant-coin-movements" rel="noopener noreferrer nofollow">Old Dogecoin Wallet Springs to Life with Significant Coin Movements</a><br></p>
<p style="text-align: justify">Whale Alert, a blockchain monitoring entity, has disclosed a surge of activity involving an ancient <a href="https://en.bitcoinhaber.net/legendary-sci-fi-shooter-doom-now-preserved-on-dogecoin-blockchain" rel="noopener noreferrer nofollow">Dogecoin</a> wallet. This long-inactive wallet, dating back to the foundational era of cryptocurrencies, has suddenly shown movement, capturing the attention of Dogecoin enthusiasts and investors.</p>
<h2 id="resurgence-of-a-dormant-wallet">Resurgence of a Dormant Wallet</h2>
<p style="text-align: justify">The specific Dogecoin wallet, which had not seen any action since late 2013, now reveals a balance of approximately 747,645 DOGE, worth around $113,344. Despite the modest value, the age of the wallet adds a layer of intrigue to the transaction. Recently, a transfer of 100 DOGE from this wallet to another undisclosed address has been observed.</p>
<h2 id="whale-movements-in-the-dogecoin-sea">Whale Movements in the Dogecoin Sea</h2>
<p style="text-align: justify">Beyond this single wallet’s activity, Whale Alert has identified a pattern of significant transactions involving Dogecoin ‘whales’—entities with large holdings of the cryptocurrency. These whales have executed transactions exceeding 1.5 billion DOGE through Robinhood, a prominent trading platform.</p>
<p style="text-align: justify">This flurry of Dogecoin transactions follows another episode earlier in the week, where over 1.6 billion DOGE were moved in high-volume transactions among major exchanges like Binance and <a href="https://en.bitcoinhaber.net/the-fall-of-a-crypto-giant-ftx-and-alameda-researchs-ongoing-asset-transfers" rel="noopener noreferrer nofollow">Coinbase</a>. This pattern suggests a growing engagement from institutional and wealthy investors in the cryptocurrency market.</p>
<h2 id="recent-performance-of-dogecoin">Recent Performance of Dogecoin</h2>
<p style="text-align: justify">Amidst a volatile period for the memetic altcoin, Dogecoin, which peaked at $0.20 on March 5th, experienced a sharp 38% decline. However, current trends show DOGE regaining momentum alongside the broader recovery of the crypto market, with a current trading value of $0.1544. Initially created as a satirical take on <a href="https://en.bitcoinhaber.net/spot-bitcoin-etfs-under-increased-scrutiny-with-steady-market-performance" rel="noopener noreferrer nofollow">Bitcoin</a> in 2013, Dogecoin has since evolved into a significant player among the top 20 altcoins.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/old-dogecoin-wallet-springs-to-life-with-significant-coin-movements" rel="noopener noreferrer nofollow">Old Dogecoin Wallet Springs to Life with Significant Coin Movements</a></h5>

Old Dogecoin Wallet Springs to Life with Significant Coin Movements

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