Data Shows That a Fresh Wallet Received 172.2M DOGE from Binance

[Starmix]

A report said that a new Dogecoin (DOGE) wallet received 172.2 million DOGE from Binance earlier this morning with a value amounting to $14.33 million at the time of transfer. It was viral on X that a whale had bought DOGE under the influence of Elon Musk. Is there any good thing about this? You might wonder why the DOGE wallet received 172.2 million DOGE from Binance. The price of this wallet might have a slow profit.

 

[Suba]

In my opinion, the tweet by (@lookonchain) on account X, only manipulates the price of Doge so that retail investors buy Doge so that the price of Doge will soar, after which they will sell Doge with high profits while retail investors will certainly lose.

 

[eLdavis]

In my opinion, the tweet by (@lookonchain) on account X, only manipulates the price of Doge so that retail investors buy Doge so that the price of Doge will soar, after which they will sell Doge with high profits while retail investors will certainly lose.

Well said, that was just a way or should i say a trick to make people invest a lot more in doge at the moment.

 

[Starmix]

Certainly, the impact is shown through the results of the false fabrication forcing the coin holders to sell leaving behind huge losses. It's best not to decide impulsively but rather do research.