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2 whales moved over 1 billion DOGE after Elon Musk purchased Twitter

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DOGE whale has moved nearly one billion Dogecoin and two trillion Shiba Inu over the last two days.

DOGE whale has moved nearly one billion Dogecoin and two trillion Shiba Inu over the last two days.

A staggering amount of DOGE was sent on the blockchain, according to Whale Alert, a service that tracks massive transfers of crypto on different chains.

The two whale transactions totaled nearly one billion DOGE in just two days. This is the larger amount of DOGE was transferred the previous day.

Around 386,000,000 DOGE were sent from an unidentified wallet. Whale Alert discovered that 386,082,773 Dogecoins were transferred between two anonymous wallets. The estimated value of these meme coins is $25,187,368.

This is the second transaction of that size that the aforementioned cryptocurrency tracking service has detected in the last two days.

A total of 836 million Dogecoins were transferred on October 5th, making 449,999,998 DOGE.

The same source also claims that two lumps of SHIB, each consisting of one trillion meme coins, were discovered on the same day.

These two trillion Shiba Inu were transferred to the Coinbase exchange, apparently with the intention of being sold.

After Tesla CEO Elon Musk made the decision to resume finalizing the purchase agreement with Twitter, these significant sums of meme coins were transferred.

Some Twitter users made the facetious assumption in the comments section of today’s DOGE transfer that the centibillionaire, a huge fan of DOGE who has repeatedly stated that if he buys Twitter, he will integrate DOGE payments on the service, sent these Dogecoins.

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Roland is a Public Relations & Communications guru with an immense passion for the blockchain and crypto industry. A fusion of his expertise and passion led to the dawn of Optimisus in 2020.