A cryptocurrency wallet holding over 104 million DOGE, valued at around $20 million, has emptied its entire balance straight into Coinbase.

一個擁有超過1.04億多名的加密貨幣錢包，價值約2000萬美元，將其整個平衡都直接倒入了Coinbase中。

The move, first picked up by Whale Alert late Saturday night, wasn’t just large. It was from a wallet that’s been completely silent since 2021.

這一舉動最初是由周六深夜鯨魚警報接收的，這不僅僅是大。這是從2021年以來完全保持沉默的錢包。

The address, DNbYuLjGbdiqcv39grmE1ahkMU19Y5dFND, had no outgoing activity until this one full transfer. Blockchain data shows it received its first DOGE back in October 2021, with funds traced to Coinbase Pro (now defunct) withdrawal addresses.

該地址是dnbyuljgbdiqcv39grme1ahkmu19y5dfnd，直到這一次完整轉移之前。區塊鏈的數據顯示，它在2021年10月收到了第一座大道，資金可追溯到Coinbase Pro（現已停產）提款地址。

Since then, it collected DOGE in smaller deposits but never moved any out — until now.

從那時起，它以較小的存款收集了多門，但從未將任何東西移出 - 直到現在。

The full balance was transferred in one shot, with no leftover dust. Just 104,125,016 DOGE out, fee paid, wallet empty.

完整的平衡一槍轉移，沒有剩餘的灰塵。只有104,125,016個門票，費用付費，錢包空了。

This kind of move usually raises questions. Transfers of this size to a major exchange typically suggest possible liquidation, positioning for OTC settlement, or consolidation ahead of a move.

這種舉動通常會引起問題。將這種規模轉移到主要交換中通常表明可能清算，以定位OTC沉降或在移動之前進行鞏固。

There’s no way to tell yet, but what stands out is the timing.

目前尚無辦法說出，但是時機是什麼。

Dogecoin has been under pressure for weeks. After pushing above $0.23 in mid-May, it’s been grinding down — and by the time of this transfer, it had fallen to $0.188, wiping out about 18% in under 10 days. This drop puts the transfer right into a local low, which either means someone’s catching the bottom or exiting on the way down.

多黴素已經承受了數週的壓力。在五月中旬推出超過0.23美元後，它一直在磨損 - 到了轉會時，它已降至0.188美元，在10天內消失了約18％。該下降使轉移直接進入當地低點，這意味著某人在捕獲底部或在向下退出。

Whether it’s a whale waking up, internal Coinbase flows, or a long-term holder cashing out, one thing is clear: DOGE that sat still for nearly four years just moved — and it didn’t move small.

無論是鯨魚醒來，內部的co插入，還是一個長期持有人兌現，一件事很明確：坐了將近四年的杜書剛剛移動了 - 而且它並沒有小。