900,000,000 DOGE Stuns Binance in One Massive Deposit, Dogecoin Price Reacts

Key Points

1. A transaction of 900,000,000 DOGE, valued at around $207.97 million, was deposited on Binance, as reported by Whale Alert.

2. The DOGE price initially dropped from above $0.25 to under $0.22 but later rebounded to around $0.23.

3. Exchange-linked transfers do not always result in immediate market movements, but this event could signal a potential turning point for DOGE's price.

4. The price may test higher levels like $0.24 or drop back to $0.22 in search of stronger support.