Unknown whale spends $1.4m on Dogecoin

An anonymous user purchased 8 million Dogecoin a day before Tesla announced the sale of merchandise for the meme cryptocurrency.

According to WhaleStats, the purchase обошлась to the whale for $1.4 million. He also paid a fee of 0.000194295 BNB ($0.09).

On January 14, Tesla CEO Elon Musk announced the launch of corporate merchandise sales paid in Dogecoin. Merchandise bought with the cryptocurrency is non-returnable.

Following that announcement, the asset’s price rose 15%. The coin’s current market capitalization stands at $26.1 billion, according to CoinGecko.

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