Whale Transfers $60M Dogecoin to Coinbase Amid Price Drop and Volume Decline

A significant movement of Dogecoin (DOGE) has sparked market attention, as a whale transferred a whopping $60 million worth of the cryptocurrency to Coinbase in three separate transactions. This action coincided with a price drop for DOGE and a decline in trading volume. 312,375,048 DOGE were moved from unknown wallets to Coinbase, according to Whale Alert, raising speculation about potential market repositioning.