Friday, December 9

68 Million DOGE Acquired by BNB Whale as Dogecoin Recovers as Most Frequently Bought Asset

WhaleStats crypto tracking platform has posted a tweet, displaying a large transaction made on the BNB chain by a whale who purchased 68 million Dogecoins.

In the meantime, DOGE now is back on the first of most actively purchased tokens on the BNB Chain  (formerly known as the BSC chain).

Read Also: Ethereum Beacon Chain Forks, Resolved

Whale grabs 68 million Dogecoin

Twelve hours ago, a whale whose wallet carries an exotic name, “Martian Manhunter,” purchased 68,000,000, paying $5,684,188 for this amount of meme coins. The whale himself is number 71 on the WhaleStats scale, according to the tweet.

Amid other large single positions in this whale’s portfolio is TUSD stablecoin, AVAX, DAI, TRX, MATIC, and Cardano’s native token, ADA. In total, the largest 100 wallets on the BNB Chain are holding $15,833,990 worth of Dogecoin—that is 1.17% of their comprised portfolio.

They own slightly more of BNB Chain-based ADA worth $16,483,029, which is 1.22% of their comprised crypto riches.

At the time of writing, however, the aforementioned whales hold zero DOGE as they have moved it out either to sell or simply moved the coins to another address.

DOGE leads the top 10 purchased coins list

As per the data shared by the aforementioned crypto tracker, Dogecoin is presently on the upper 10 lists of the most used smart contracts, which implies it is among the coins that are bought most actively now.

Read Also: Ethereum Testnet, Ropsten to Face Consolidation(transition from proof-of-work to a proof-of-stake network) in Early June

The largest meme token now holds first place on the top 10 list of purchased coins on the BNB Chain. The average amount of DOGE that has been bought in the past 24 hours is nearly 690,000 coins worth $57,646.

“Proof of Assets” for DOGE on Binance

As reported by Cryptolifedigital earlier this month, Binance chief Changpeng Zhao promised to add “Proof of Assets” for BSC-DOGE. This means the data in a wallet that shows the number of actual Dogecoins that back the BSC-DOGE tokens.

The head of the largest crypto exchange has tweeted that after the Dogecoin army had been pushing for Binance to do that for a long while.

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