A key stash of Dogecoin has landed on the web buying and selling app Robinhood. In response to the Blockchain Tracker Whale Alert, 155,000,000 Doges (valued almost $24.6 million) have been transferred from unknown wallets to Robinhood throughout the final 13 hours.
Whale alerts reported massive transactions. “155,000,000 doge value $24,611,763, transferred to Robin Hood from an unknown pockets.”
🚨155,000,000 #Doge (24,611,763 USD) Switch from unknown pockets to #robinhoodhttps://t.co/vkucoa7cpy
– Whale Alert (@Whale_Alert) June 23, 2025
The transfer coincides with a current surge in Doge costs because the broader crypto market noticed aid rally following a brutal weekend sale.
The crypto costs traded inexperienced throughout early Asian buying and selling hours on Tuesday and have been noticed throughout main altcoins on Monday, erasing nearly all of weekend losses.
Dogecoin (Doge) surged 10%, reaching a excessive of $0.1677 in buying and selling earlier Tuesday. In response to Coinmarketcap, Dogecoin has risen 7% over the previous 24 hours, buying and selling at $0.163 at press time.
The rationale for the transfer to Robinhood stays unknown, however deposits in alternate usually suggest the intention to promote. The transfer is also merely a change in funding.
Doge Worth
Dogecoin has steadily declined since reaching its excessive of $0.206 on June eleventh. Consequently, Dogecoin marked the mark in simply two days on 12 greens for the drop. Dogecoin costs reversed on Monday after hitting help at a low of $0.142 on Sunday, and costs recovered rapidly.
Reduction rally might face gross sales for $0.17. When the value drops beneath this stage, the Bears will attempt to decrease the dogcoin to below $0.14. In the event that they succeed, Doge might drop to $0.10.
In distinction, if a purchaser strikes the value over $0.17, DogeCoin might attain $0.19 for a 50-day SMA. Sellers defend the 50-day SMA and attempt to preserve Dogecoin costs starting from $0.14 to $0.21 for some time.
