$54 Million In Dogecoin Exits Binance As Price Crashes 9%: Sign Of Buying?
On-chain data shows a Dogecoin whale has withdrawn a large sum from the cryptocurrency exchange Binance, a sign that may be bullish for the DOGE price. Dogecoin Whale Makes Massive Binance Withdrawal After Crash According to data from the cryptocurrency transaction tracker service Whale Alert, a massive transaction has been spotted on the Dogecoin blockchain during the past day. Related Reading: Solana Plunges 12%, But This Pattern Could Mean Decline Isn’t Over Yet The transfer in question saw the movement of 175,274,112 DOGE across the network, worth around $54.7 million at the time the....
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Data shows a Litecoin whale has withdrawn almost $14 million in LTC from the crypto exchange Binance, a sign that may be bullish for the crypto’s price. $13.8 Million In Litecoin Exits Wallet On Crypto Exchange Binance As per an alert from the crypto transaction tracker service WhaleAlert, a transfer of 230,373 LTC has been […]
Data shows a Dogecoin whale has transferred more than $9 million worth of DOGE to Binance, as the price of the crypto has been shooting up. Dogecoin Whale Deposited $9.4 Million In DOGE To Binance During The Last 24 Hours According to cryptocurrency transaction tracker Whale Alert, a huge DOGE transaction has been spotted during […]
A fresh snapshot of Binance’s futures market data shows Dogecoin attracting a remarkably bullish stance among traders. According to a chart shared by Ali Martinez (@ali_charts) on X, 72.13% of Binance users with open Dogecoin positions are currently long, leaving only 27.87% on the short side. “72.13% of traders on Binance with open Dogecoin DOGE positions are currently long!” Martinez wrote, underscoring just how skewed sentiment is toward an upward price move. What Does This Mean For Dogecoin Price? What does such a strong majority of longs actually mean for Dogecoin’s outlook? In many....
Dogecoin has seen a slowdown in momentum with price crashes that have plagued the market. Things like transaction count metrics have shown that Dogecoin may be slowing down as the asset loses more o its value. Bitcoinist reported in September that the transaction count of Dogecoin had dropped to levels not seen since 2017. On-chain […]
Binance recently announced that it had opened up Dogecoin withdrawals after it had limited the capability due to an issue with Doge’s latest update. The reinstatement had been a big relief for users who had been unable to withdraw their Dogecoin on the platform. Following this, Binance CEO Changpeng Zhao announced a giveaway for the […]