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The community of the world’s leading memecoin Dogecoin<\/strong> (CRYPTO: DOGE<\/a>) may have a reason to be worried, now that whales (large crypto holders)\u00a0started moving their coins around while the price of DOGE\u00a0is slumping.<\/p>\n What Happened:<\/strong>\u00a0As reported by Dogecoin large transaction tracking service DogeWhaleAlert<\/a>, over the last few hours a combined\u00a0amount in excess of\u00a0414 million\u00a0DOGE has been transferred from the wallets of major holders of the coin. The number of Dogecoin being transferred is equivalent to over $53 million as of press time.<\/p>\n See Also:<\/em>\u00a0IS DOGECOIN A GOOD INVESTMENT?\u00a0<\/a><\/p>\n The report follows a major BNB<\/strong> (CRYPTO: BNB<\/a>) whale acquiring<\/a> 9 million Dogecoin all by himself in a single transaction earlier this month\u00a0\u2014 with that amount of tokens being \u00a0equivalent to $1.41 million at the time. Also, DOGE recently\u00a0reached<\/a> another historic milestone with about 4.8 million on-chain addresses and 485,000 wallets holding it as Binance Smart Chain tokens.\u00a0<\/p>\n DOGE Price Action:<\/strong> As of press time, Dogecoin is trading at $0.1306 after seeing its price fall by 3.63% over the last 24 hours.<\/p>\n Also Read:\u00a0This Franciscan University In Illinois Now Accepts Donations In Dogecoin And Shiba Inu<\/a><\/em><\/p>\n<\/p><\/div>\n