DOGE’s 13th Largest Holding Location Hoarding Coins Since June 2022
According to reports, JieData monitoring data shows that the 13th largest holding location of DOGE has been hoarding coins since the low point of DOGE prices in
According to reports, JieData monitoring data shows that the 13th largest holding location of DOGE has been hoarding coins since the low point of DOGE prices in June 2022. Among them, there were two heavy positions in July and August last year. Currently, the location holds 1.86 billion DOGEs (approximately $176 million), with a current account profit of $44.63 million.
A certain DOGE giant whale has been hoarding 1.86 billion coins since June last year, with a surplus of $44.63 million
Dogecoin, the popular meme-inspired cryptocurrency, has been in the news for quite some time due to its ups and downs in value. According to reports, JieData monitoring data shows that the 13th largest holding location of DOGE has been hoarding coins since the low point of DOGE prices in June 2022. Among them, there were two heavy positions in July and August last year. Currently, the location holds 1.86 billion DOGEs (approximately $176 million), with a current account profit of $44.63 million.
What is DOGE?
Dogecoin, which was created as a joke in 2013, is a digital asset that has gained popularity due to its meme-inspired origins. It is based on the Litecoin blockchain and has a faster transaction time, making it more suitable for microtransactions.
Holding Locations in the Crypto World
In the world of cryptocurrencies, holding locations refer to wallets that hold large amounts of a specific digital asset. Typically, these holding locations belong to large investors or institutions who are seen as influential investors in the crypto market.
DOGE’s 13th Largest Holding Location
According to JieData monitoring data, the 13th largest holding location of DOGE has been hoarding coins since the low point of DOGE prices in June 2022. This holding location has been accumulating DOGE since then, and their holdings currently stand at 1.86 billion DOGE (approximately $176 million).
Heavy Positions in July and August 2021
Apart from the holdings from June 2022, the DOGE’s 13th largest holding location has also accumulated a lot of DOGE in July and August 2021. These heavy positions indicate that the holder was confident in DOGE’s growth potential at that time.
Current Account Profit
The current account profit of the DOGE’s 13th largest holding location stands at $44.63 million. This is a considerable amount, and it shows that the holder has been making some significant gains over time.
Conclusion
DOGE’s 13th largest holding location has been hoarding coins since June 2022 and has accumulated a significant amount of DOGE over time. Their current holdings stand at 1.86 billion DOGE (approximately $176 million), with a current account profit of $44.63 million. This shows that the holder has been making considerable gains and is confident in DOGE’s growth potential in the future.
FAQs
Q1. Why is DOGE’s 13th largest holding location hoarding coins?
A1. The reason behind the hoarding of coins is not clear, but it can be assumed that the holder is confident in DOGE’s growth potential in the future.
Q2. What is the significance of heavy positions in the crypto market?
A2. Heavy positions indicate that the holder is confident about the growth potential of the digital asset.
Q3. What is the current account profit of DOGE’s 13th largest holding location?
A3. The current account profit of DOGE’s 13th largest holding location stands at $44.63 million, which is a considerable amount.
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