Dogecoin Whale Withdraws 20 Million DOGE From Binance ($4.43M), Now Holds 52.9M DOGE Worth $11.71M

On August 27, COINOTAG News cited monitoring by Onchain Lens showing a large holder withdrew 20 million DOGE (approximately $4.43 million) from Binance. The transfer was captured in exchange flow metrics and recorded on-chain for verification.

Following the movement, the same address holds 52.9 million DOGE, with an estimated valuation of $11.71 million based on prevailing market data. Blockchain records corroborate the balance snapshot and transactional history for transparency.

Sizable on-chain transfers can affect exchange liquidity and are a key input for monitoring institutional and whale behaviour, though they do not disclose intent. Market participants should combine exchange reserve trends and orderbook dynamics with on-chain flow analysis to evaluate short-term liquidity and execution risk.