Massive Dogecoin Whale Transfer Sparks Speculation on Coinbase

26.11.2024 51 times read 0 Comments Read out

196 Million Dogecoin Stuns Largest US Crypto Exchange

A massive transaction involving 197,606,395 DOGE has caught the attention of crypto enthusiasts and analysts alike. According to U.Today, this transfer was made by an anonymous whale to Coinbase exchange, valued at approximately $84.6 million when each Dogecoin was priced at $0.428. This move suggests a potential sell-off as historical trends indicate steady inflows and outflows from the sending wallet.

The recent surge in Dogecoin's price—up 224% over the past month—has likely prompted profit-taking among long-term holders or "whales." Despite broader market volatility leading to significant liquidations across various cryptocurrencies, Dogecoin continues to maintain its spotlight with ongoing development efforts aimed at increasing adoption through open-source solutions.

OKX Launches Crypto Trading Platform and Wallet in Belgium

Cointelegraph reports that OKX is expanding its reach into Europe by launching a new crypto trading platform and digital wallet service in Belgium. Although details are sparse due to content limitations on Cointelegraph’s page for this news item, it marks another step forward for OKX as they continue their global expansion strategy.

ZA Bank Becomes Asia’s First to Offer Crypto Trading to Retail Users

In a groundbreaking move reported by CCN.com, Hong Kong-based ZA Bank has become Asia's first bank offering direct cryptocurrency trading services to retail customers via its mobile app. Partnering with HashKey Exchange—the largest crypto exchange in Hong Kong—users can now trade Bitcoin (BTC) and Ethereum (ETH), starting with minimum amounts equivalent to USD 70 or HKD 600.

This initiative aligns with ZA Bank's commitment towards security compliance while tapping into growing interest within Asian markets for diversified asset allocation opportunities provided by cryptocurrencies like BTC and ETH amidst rising prices globally since Donald Trump assumed office again recently according to some sources cited therein too!

$6 Billion in Bitcoin Left Exchanges Amid Declining Whale Activity

An impressive net outflow of $6 billion worth of Bitcoin from exchanges signals increased accumulation activity among retail investors rather than large-scale whales, who have shown decreased engagement lately, per data shared exclusively here today courtesy of IntoTheBlock analytics firm featured prominently throughout coverage available online, including insights published earlier elsewhere such as those found originally sourced directly back onto pages hosted securely under domain name belonging solely unto themselves: https://crypto.news/


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