Dogecoin

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 <p>A long-dormant Dogecoin (DOGE) wallet has suddenly awakened from its slumber, moving hundreds of thousands of dollars worth of the memecoin after nearly a decade of inactivity.</p>
 <p>The whale-surveilling platform Whale Alert initially spotted the transfer.</p>
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 <p>Whale Alert reveals that the ancient entity shifted 5,392,984 DOGE worth $372,461 at the time of transfer after being idle for 9.8 years.</p>
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  <p lang="en" dir="ltr">? A dormant address containing 5,392,984 #DOGE (372,461 USD) has just been activated after 9.8 years!https://t.co/XKqB6FhC3K</p>
  <p>— Whale Alert (@whale_alert) October 28, 2023</p>
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 <p>Blockchain tracker BitInfoCharts shows that the holder made three separate transactions on October 28th, which drained the address.</p>
 <p>The wallet in question received its first Dogecoin stack in December 2013 when DOGE was trading at $0.00054. BitInfoCharts also reveals that the long-term DOGE holder printed $366,493 in profits after owning the top meme token for almost a decade.</p>
 <p>Following the transaction trail, the wallet that received the Dogecoin stack still holds the tokens in their entirety.</p>
 <p>Other notable transactions on Whale Alert’s radar that involve the dog-themed crypto asset include one on October 27th that saw a staggering 350 million DOGE worth $23.7 million transferred from an unknown wallet to the retail-focused trading platform Robinhood. Since the DOGE trove was sent to an exchange, it could potentially be sold on the open market.</p>
 <p>Dogecoin is trading for $0.0696 at time of writing, a 1.55% increase during the last 24 hours.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ancient-dogecoin-wallet-abruptly-comes-to-life-moves-372-461-in-doge-after-lying-low-for-nearly-10-years-tbt68303.html">https://thebittimes.com/ancient-dogecoin-wallet-abruptly-comes-to-life-moves-372-461-in-doge-after-lying-low-for-nearly-10-years-tbt68303.html</a></p>

Ancient Dogecoin Wallet Abruptly Comes to Life, Moves $372,461 in DOGE After Lying Low for Nearly 10 Years

TheBitTimes

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