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Dormant Dogecoin Wallet Address Containing 5.3 Million DOGE Resurfaces After 9.8 Years, Sparks Speculations of Imminent Selloff

Dormant Dogecoin Wallet Address Containing 5.3 Million DOGE Resurfaces After 9.8 Years, Sparks Speculations of Imminent Selloff

CointimeCointime2023/10/28 19:45
By:Cointime

A Dogecoin wallet address that had been inactive for almost a decade has suddenly become active, leading to speculation about the reasons behind its re-emergence. The wallet contains 5,392,984 DOGE, worth around $372,461 at current prices. The activation was triggered by a transfer of 392,000 tokens to an unknown address.

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