Date: Mon, Sept 09, 2024, 10:19 AM GMT
The cryptocurrency market is showing signs of recovery after a rough period, and Bitcoin (BTC) is holding steady above the $54,000 mark. This stabilization is helping memecoins like the Tron-based SUNDOG gain momentum, with the token surging an impressive 17.72% today, bringing its price to $0.2937.
One of the most notable developments is the recent accumulation of $SUNDOG by whales, as highlighted by Lookonchain. In the last four days, three newly created wallets have collectively withdrawn 6.8 million $SUNDOG, worth approximately $1.7 million, from the MEXC exchange.
- Wallet TEKzxy: Created four days ago, this wallet has withdrawn 3.83 million $SUNDOG, valued at $957,000. Transaction details
- Wallet TGNrkv: Also created four days ago, this wallet withdrew 2.1 million $SUNDOG, worth $525,000, just 12 hours ago. Transaction details
- Wallet TPXvFH: This wallet, created four days ago, withdrew 870,000 $SUNDOG, valued at $217,000. Transaction details
The significant accumulation of $SUNDOG by these wallets suggests that large holders are positioning themselves ahead of potential future gains. As the market recovers, it’s worth keeping an eye on these whales and the movements of $SUNDOG.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial advice.