Ancient Dogecoin whales move 7 million DOGE after 9 years of inactivity

Four ancient Dogecoin (DOGE) whales have been spotted since the beginning of 2023 moving hundreds of thousands of dollars in the leading meme coin. All of these whales had one thing in common: they were inactive for over nine years, before making the recent movements.

A total of 6,818,192 DOGE were moved from these four ancient whales, accounting for a total of $557,157 considering Dogecoin’s price on each day of the registered activity. Data was retrieved by Finbold from the Whale Alert account, on Twitter (X) and from the Dogecoin Blockchain.

February 5: 2,043,137 DOGE ($186,364), by “DGqsy…HRkx9”, inactive for 9.1 yearsApril 4: 1,215,614 DOGE ($116,460), by “DBdFd…KsoA5”, inactive for 9.3 yearsMay 4: 1,556,994 DOGE ($123,155), by “DRRnY…8ZueN”, inactive for 9.3 yearsJune 27: 2,002,447 DOGE ($131,178), by “DBw7A…Ymasm”, inactive for 9.5 years

April’s and June’s ancient Dogecoin whales still have 74,257 DOGE ($5,500) and 1 million DOGE ($74,120) behind, respectively. February’s and May’s whales didn’t leave anything behind.

DOGE 1-day chart. Source: TradingView (Vinicius Barbosa / Finbold)

Meanwhile, DOGE is being exchanged for $0.07407 by press time, with 0.88% losses in the last 24 hours. Dogecoin is ranked 7th with $10.37 billion in market cap, registering 3% gains in the last 30 days.

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