Whales frequently operate DOGE, and the on-chain trends attract attention
According to recent news, according to the on-chain monitoring platform Onchain Lens and analyst Ali data, whales have withdrawn and purchased DOGE in large amounts on Binance, and the flow of funds is obvious:
- Withdrawal operation: A whale withdrew 26.85 million DOGE from Binance, worth $8.37 million, showing that funds are being transferred from exchanges to personal wallets.
- Cumulative purchases: Recently, on-chain whales have purchased more than 300 million DOGE, further intensifying the market's attention to the on-chain movements of DOGE.
Analysts pointed out that the current large-scale purchase of DOGE by whales may have a potential impact on price trends, but their specific intentions remain to be seen. Investors need to be wary of market fluctuations and pay attention to further changes in on-chain data.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
RootData: BIO will unlock tokens worth about $1 million in one week
