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According to Onchain Lens, a dormant cryptocurrency whale that had been inactive for 11 months recently pulled 15.115 million DOGE from Binance, a move valued at roughly $2.95 million at current prices. In a related action, the address liquidated 7,473 DOGE from existing holdings, securing about 1,450 USDT. The address now carries a balance of 15.19 million DOGE, estimated at around $12.96 million, highlighting a meaningful shift in DOGE exposure within the crypto market.
From a market perspective, the episode underscores disciplined whale activity and the DOGE liquidity profile across major venues. The observed repositioning could reflect strategic balance management rather than a definitive trading signal. Traders should monitor future moves by this address and the overall DOGE supply dynamics on key platforms to gauge potential near-term liquidity and price sensitivity.
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