DOGE Becomes Most Whale-Traded Crypto After Elon Musk’s New Post

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Gamza Khanzadaev

Dogecoin is on whale radar again after Twitter boss’s Christmas wishes

According to WhaleStats, Dogecoin, also known as DOGE, has become the most traded token among the top 100 Binance Coin (BNB) holders. On the way to this achievement, DOGE overtook Filecoin’s token, FIL, which has been particularly popular with these investors in recent days.

JUST IN: $DOGE @dogecoin returned $FIL for the most traded token among the top 100 whales #BSC

Check out the top 100 whales here: https://t.co/0SYnjw0xQs

(and hodl $BBW to see top 4000 data!)#DOGE #FIL #whalestats #babywhale #BBW pic.twitter.com/KPYGe8wiVM

WhaleStats – the top 1000 BSC list (@WhaleStatsBSC) December 26, 2022

The surge in DOGE trading volumes came just after eccentric billionaire and new Twitter boss Elon Musk posted his Christmas greetings, backed up by photos of his dogs. It’s apparently nothing special, but you can spot the Dogecoin logo on one of them, which is of the Shiba Inu breed.

Merry Christmas and good mood to all! pic.twitter.com/SupTpz4bLY

Elon Musk (@elonmusk) December 25, 2022

Although another mention of DOGE by Musk did not have a significant impact on the price of the token, its trading volumes during the holidays showed higher numbers than some weekdays over the past month.

How does BNB Whales deal with Dogecoin?

Specifically, among these top 100 BNB holders, DOGE traded a total of $268,000 and the total number of tokens traded was 347,230. , while the volume of sales of the asset was five times higher than the volume of purchases.

In total, BNB Whales holds 96.55 million DOGE, which is 1% of its total portfolio size. At $0.076 per Dogecoin, this volume is equivalent to $7.53 million.

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