Dogecoin Whales Increase Transactions by 126% as DOGE Enters Profit-Taking
Per IntoTheBlock data, Dogecoin whales have been on their toes in the previous 24 hours, with a 126% increase in large transactions. Large transaction spikes are frequently associated with increased activity from institutional players, or whales, who are either buying or selling.
Dogecoin (DOGE) had earlier risen to highs of $0.1799 on April 5 following the announcement of Elon Musk as the newest member of its Board of Directors. Dogecoin had climbed from lows of $0.146, gaining more than 20% in response to the Elon Musk/Twitter-related news.
Source
https://t.me/Doge_ShibaInu