Whale Transfers 11.68M DOGE to Unknown Address, Incurring $3.59M Unrealized Loss

DOGE-1.1%

According to on-chain analyst Ai Yiyi, a whale transferred 11.68 million DOGE to a new address one hour ago (May 3), incurring a $3.59 million unrealized loss. The whale had acquired the tokens across two addresses at an average price of $0.415 between November and December 2024, with the addresses remaining dormant for approximately 18 months before the transfer. The destination address’s ownership is currently unknown.

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