"Withdrawal of 4.9 Billion Dogecoin (DOGE) to External Wallet Address from Binance... Approximately 2.9 Trillion Won"
Minseung Kang
Summary
- It was reported that 4.9 billion Dogecoin was withdrawn from Binance to an external wallet, amounting to 2.912 trillion won.
- According to the cryptocurrency transaction tracking site, the transaction took place around 15:27.
- It is known that when a large amount of a specific coin is withdrawn from an exchange, the price of that coin is likely to rise.
4.9 billion Dogecoin (DOGE) has been withdrawn to an external wallet address from Binance. This amounts to 2.02942 billion dollars (approximately 2.912 trillion won).
According to the cryptocurrency transaction tracking site Whale Alert, at around 15:27 on the 16th, 4,999,999,999 DOGE was withdrawn from the Binance exchange to an external wallet address.
It is generally known that the more a specific coin is withdrawn from a cryptocurrency exchange, the higher the possibility of the coin's price rising.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
