Whales Move Nearly 1 Billion DOGE Post Elon Musk Twitter Update

1 Billion DOGE transferred after Elon Musk revives Twitter deal

After the Musk-Twitter news broke out, on-chain data revealed the movement of nearly one billion Dogecoins.

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An unknown wallet transferred a staggering 386,082,773 DOGE or approximately $25,187,368 worth of Dogecoin to another unknown wallet.

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In another transaction, 449,999,998 were transferred to another unknown wallet the same day.

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Whales moved dogecoins worth $54,345,380 in those two major transactions.

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Dogecoin is still the 10th largest cryptocurrency in terms of market capitalization.

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Elon Musk had earlier revealed his intentions to integrate Dogecoin into Twitter.

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Elon Musk earlier revealed that acquiring Twitter would accelerate the launch of X.com - an everything app.

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