300 Million DOGE Moves to Binance Amid Uptober Crash
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The world's largest meme token by market capitalization, Dogecoin has continued to face a steady price downturn since the new month began. Amid this prolonged market volatility, the meme token has continued to witness increased sell pressure from traders who have begun to trade with caution. As of October 15, onchain monitoring firm Whale Alert showcased data revealing that it had spotted a Dogecoin whale transferring 300 million DOGE to the world's largest crypto exchange by volume, Binance. According to the data, the transfer happened in a single transaction worth about $24.1 million as DOGE was trading at around $0.0803 at the time.
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