According to recent news, according to the on-chain monitoring platform Onchain Lens and analyst Ali data, whales have withdrawn and purchased DOGE in large amounts on Binance, and the flow of funds is obvious:
- Withdrawal operation: A whale withdrew 26.85 million DOGE from Binance, worth $8.37 million, showing that funds are being transferred from exchanges to personal wallets.
- Cumulative purchases: Recently, on-chain whales have purchased more than 300 million DOGE, further intensifying the market's attention to the on-chain movements of DOGE.
Analysts pointed out that the current large-scale purchase of DOGE by whales may have a potential impact on price trends, but their specific intentions remain to be seen. Investors need to be wary of market fluctuations and pay attention to further changes in on-chain data.