The post Whales Transfer Millions of DOGE onto Exchanges, Is a Major Price Action Underway? appeared first on Coinpedia Fintech News

Dogecoin price had received immense attention in recent times as Elon Musk acquired Twitter and completed the $44 billion deal. While many speculated that the asset may also be included as one of the payment options along with other cryptos, the DOGE price gained huge bullish momentum. 

Woefully, the price at the moment appears to have stuck up under a bearish influence and hence is believed to drop notably in the coming days. 

Meanwhile, the Dogecoin whales have become extremely active of-let as a large amount of DOGE has been transferred onto the exchanges. They have moved nearly 256 million DOGE to Binance & Coinbase despite Elon Musk’s Twitter takeover. 

As per the data shared by Whale Alert which records large & interesting transfers, these tokens were moved in 2 different transactions. Initially, 212.3 million DOGE was moved to Coinbase worth $26.67 million.