Thread by @lookonchain

We did an analysis of the top 50 holders of $DOGE.

1.🧵
Here are some of our findings.

#dogecoin #DOGEUSDT #DogecoinRise #DOGE #DogecoinToTheMoon

2.

The top 50 holders hold a total of 87.1B $DOGE ($12.6B), accounting for 63.71% of the total supply.

3.

The top 50 holders have reduced their holdings by 21M $DOGE($3M) compared to a month ago;

reduced their holdings by 761M $DOGE($110M) compared to a week ago;

and increased their holdings by 484M $DOGE($70M) compared to yesterday.

4.

Among the top 50 holders:

12 holders have increased their holdings of $DOGE in the past week;

and 7 holders have reduced their holdings of $DOGE in the past week.

5.

Among the top 50 holders:
15 holders have not traded $DOGE in the past 6 months.

18 holders are early holders of $DOGE who held $DOGE prior to 2020.

13 holders are new addresses for $DOGE whose first transaction took place in the last half year.

6.

In the past 7 days, a total of 1.2B $DOGE($177M) flowed into #Binance.

And a total of 45.5M $DOGE($6.7M) flowed into #Cryptocom .