Dormant DOGE Whale Transfers 11.68 Million DOGE to New Address After 1.5 Years

On May 3, on-chain analyst @ai_9684xtpa reported that a large holder who accumulated DOGE at its peak 1.5 years ago is now able to break even. This holder's two addresses had withdrawn 11.68 million DOGE (approximately $4.85 million) at an average price of $0.415 between November and December 2024. After being dormant for 1.5 years, all funds were transferred to a new address just one hour ago, with the current ownership of the new address unknown. During this period, the asset value decreased by $3.59 million.