Dogecoin Whales Transferred 151 Million Coins Out of Binance, What's Next for DOGE Price?

u.todayPubblicato 2023-04-24Pubblicato ultima volta 2023-04-24

Introduzione

Further declines below the $0.076 support might see a retest of levels near $0.071.

According to WhaleAlert, 151 million Dogecoin was moved from Binance to an unknown wallet in recent hours. The crypto data tracker reported 151,605,154 DOGE worth $12,094,316 being transferred from Binance to the unknown wallet.

🚨 151,605,154 #DOGE (12,094,316 USD) transferred from #Binance to unknown wallethttps://t.co/utsp2PvtbO
— Whale Alert (@whale_alert) April 23, 2023
While a purchase by a large whale cannot be ruled out, the transfer seems to be an internal wallet reshuffling, as a peek to get further details reveals transfers between Binance wallets.
One of the Dogecoin transfers was spotted by DogeWhaleAlert, which reported that 90,071,993 DOGE worth $7,202,066 were transferred from multiple wallets to a Binance wallet.
🐕🪙🐋🚨🚨🚨🚨🚨🚨🚨🚨🚨

90,071,993 $DOGE ($7,202,066 USD) was transferred from multiple wallets to a #Binance wallet.

Fee: 0.013 ($0.001 USD)

Tx: https://t.co/i9BpqA3grh#DogecoinWhaleAlert #WhaleAlert #Dogecoin #CryptoNews
— Ðogecoin Whale Alert (@DogeWhaleAlert) April 23, 2023
Other Dogecoin transfers captured by DogeWhaleAlert include that of 12,999,996 DOGE worth $1,046,786 moved from a Binance wallet to an unknown wallet.
DogeWhaleAlert also reported five transactions of 5,000,000 DOGE worth $400,290 shuffled between Binance wallets.


As reported, Dogecoin debunked the claim that private investors, or so-called "whales," own particular wallets that hold a large percentage of its supply.
In actuality, it clarifies that many of the most popular Dogecoin wallets are cold wallets or hot wallets managed by exchanges and brokers, and as a result, they represent Dogecoin that is being held in custody by thousands of individuals.
What's next for Dogecoin price?
 After six consecutive days of increases, Dogecoin fell to bears' activity as traders booked profits. The dog-themed cryptocurrency plunged to a low of $0.076 on April 21, following three straight days of losses in the crypto market.
Following that, Dogecoin began to recover and, at the time of writing, was up 1.6% in the last 24 hours at $0.08.
On the upside, a near-term intermediate barrier for Dogecoin remains at $0.082, which coincides with the daily MA 200. Meanwhile, Dogecoin needs to hold above the daily MA 50 support at $0.079 to trend higher.
On the contrary, further declines below the $0.076 support might see a retest of levels near $0.071.

Letture associate

Ripple Launches RLUSD in Japan as Regulated Stablecoin Expansion Gains Momentum

Ripple has officially launched its regulated U.S. dollar stablecoin, RLUSD, in Japan through the SBI VC Trade platform (VCTRADE). This follows approval from Japan's Financial Services Agency under the country's Type 4 Electronic Payment Instrument framework. The launch marks a significant expansion for RLUSD into a major, technologically advanced market and deepens Ripple's long-standing partnership with the SBI Group, which began in 2016. In Japan, RLUSD will be used for cross-border payments, tokenization, and collateral management. The stablecoin is backed by U.S. dollar deposits, Treasury holdings, and cash equivalents, with regular third-party attestations. SBI VC Trade will offer free deposits and withdrawals for the asset. Since its late-2024 debut, RLUSD's market capitalization has grown to approximately $1.7 billion, making it the second USD stablecoin on the VCTRADE platform after USD Coin. Ripple highlights Japan's clear regulatory environment as key to this strategic growth.

TheNewsCrypto5 min fa

Ripple Launches RLUSD in Japan as Regulated Stablecoin Expansion Gains Momentum

TheNewsCrypto5 min fa

Sam Altman's Personal Alchemy of Wealth: Investing in 400 Companies, Over 10 Deeply Tied to OpenAI

The article investigates Sam Altman's personal wealth strategy, centered around his investments in approximately 400 companies while serving as OpenAI's CEO. Despite not holding direct equity in OpenAI, Altman has built a vast portfolio, with at least 10 of his investments having commercial ties or ongoing negotiations with OpenAI. This creates a complex network of potential conflicts of interest, drawing scrutiny from U.S. congressional committees and state attorneys general. Key investments highlighted include the anti-aging startup Retro Biosciences (valued at $258 million for his stake as of late last year) and the chipmaker Cerebras, whose value soared following an OpenAI procurement deal. His most significant financial gain is linked to the nuclear fusion company Helion, where a recent funding round reportedly increased his stake's value to at least $4.1 billion. The article details a decade-long relationship between Altman, Helion, and OpenAI, including a controversial non-binding power purchase agreement and Altman's efforts to secure investments from OpenAI and its backer SoftBank for Helion. Other points include internal investigations at Tools for Humanity (developer of Worldcoin) and OpenAI's massive contracts with tech giants like Nvidia. According to Forbes, Altman's net worth is around $3.4 billion, ranking him 1251st globally—a rise of over 1400 places since 2024. OpenAI's board states that Altman's external dealings are transparent and potential conflicts are carefully managed.

Odaily星球日报20 min fa

Sam Altman's Personal Alchemy of Wealth: Investing in 400 Companies, Over 10 Deeply Tied to OpenAI

Odaily星球日报20 min fa

Former SpaceX Engineer Reconstructs Financial Execution System Using First Principles

Former SpaceX engineer Lex Li applies "First Principles Thinking" to financial infrastructure with Plan Execution Lab, recently raising angel funding at a $50M post-money valuation. The team argues that the core function of finance is capital allocation, and the critical gap is not in trading but in execution, which remains highly manual and fragmented. While assets, liquidity, and settlement have migrated on-chain, execution workflows (monitoring, risk management, liquidity coordination) are still human-native. In an era of accelerating AI agents, strategy decay is rapid, shifting the competitive edge from having the best strategy to having the most robust execution network. Plan Execution Lab introduces two core components: 1. **PlanX**: A Financial Execution Protocol designed as infrastructure for the migration from CEX to DEX, providing on-chain execution capabilities, liquidity access, risk management, and capital orchestration. 2. **Xgent**: An Autonomous Financial Runtime. Users define investment intents, risk preferences, and constraints; Xgent automatically constructs an execution graph, verifies it, and handles ongoing execution and optimization—streamlining the process from Intent to Autonomous Execution. The long-term vision is to create the "Bloomberg Terminal for Autonomous Finance"—a shared operating environment and execution network built collectively by participants like execution nodes, liquidity providers, and autonomous agents. The future of finance, they contend, belongs not to isolated algorithms but to open, collaborative execution networks.

marsbit54 min fa

Former SpaceX Engineer Reconstructs Financial Execution System Using First Principles

marsbit54 min fa

Former SpaceX Engineer Reconstructs Financial Execution System from First Principles

Plan Execution Lab, a financial infrastructure project founded by former SpaceX engineer Lex Li, has raised angel funding at a $50M post-money valuation. The startup is applying "first principles thinking" from Li's SpaceX experience to rethink financial market execution. Their analysis posits that while assets, liquidity, and settlement have moved on-chain, the execution layer remains fundamentally human-dependent and fragmented. In the era of AI Agents, strategy advantages decay rapidly, shifting the competitive edge from isolated algorithms to robust **execution networks**. Plan Execution Lab's solution is a two-part system: **PlanX**, a Financial Execution Protocol designed to facilitate the migration from centralized exchanges (CEX) to on-chain markets by providing core on-chain execution capabilities; and **Xgent**, an Autonomous Financial Runtime. Xgent allows users to define investment goals and constraints, then autonomously constructs and manages the execution logic—moving from **Intent to Execution Graph to Verification to Autonomous Execution**. The long-term vision is to create the "Bloomberg Terminal for Autonomous Finance"—an operating environment not for humans, but for agents and execution nodes. The future financial system, they argue, will be a collaborative network built by diverse participants contributing execution capabilities, not secret strategies. The core competition will shift to who builds the most powerful and adaptive execution network.

链捕手55 min fa

Former SpaceX Engineer Reconstructs Financial Execution System from First Principles

链捕手55 min fa

Trading

Spot
Futures
活动图片