226 Million DOGE Withdrawn From Robinhood by Mysterious Whale's Hand.

a mysterious DOGE whale has stocked up on

a large amount of the biggest meme

cryptocurrency.

Two massive transactions have been spotted by popular blockchain tracker Whale Alert as hundreds of millions of DOGE have been shoveled from the exchange to an unknown wallet.

226 million DOGE scooped up by whale.

According to tweets recently published by Whale Alert, over the past 24 hours, an anonymous cryptocurrency whale removed two large crypto chunks from Robinhood. These transactions carried 150,000,000 and 76,316,694 DOGE, making it more than 226 million Dogecoin in total.

This amount of meme cryptocurrency was evaluated at close to $40 million in fiat at the time.

Both DOGE lumps were sent to the same wallet, -uc1wwKF. At the time of this writing, this blockchain address holds an impressive 2,052,284,869 Dogecoin worth $286,909,424.

Since April 24, this whale has also seen three incoming transfers carrying 129,693,892; 40,300,290 and 51,968,427 Dogecoin. Prior to receiving them, the whale had disposed of 395,000,000 DOGE in three transfers.

DOGE whales become inactive.

a recent report published by the Santiment on- chain data agency shows a major decline in non-zero Dogecoin wallets. After large rises in this metric observed by the analytics team earlier this year, the number of these Dogecoin addresses has flattened.

Santiment also mentioned that despite the flattening, DOGE wallets have been doing better than Cardano ones; non-empty ADA wallets have seen a major drop. The winner here so far is the flagship cryptocurrency Bitcoin - wallets with a non-zero amount of BTC in them have been growing persistently as of late, despite the marketing witnessing quite volatile prices on BTC.

Dogecoin market performance.

After approximately a week of flat trading, the largest meme cryptocurrency by market cap, Dogecoin, has demonstrated yet another plunge. Since Sunday, DOGE has lost 8.5% and only managed to recover less than 1% today.