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

一个拥有超过1.04亿多名的加密货币钱包，价值约2000万美元，将其整个平衡都直接倒入了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.

这一举动最初是由周六深夜鲸鱼警报接收的，这不仅仅是大。这是从2021年以来完全保持沉默的钱包。

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.

该地址是dnbyuljgbdiqcv39grme1ahkmu19y5dfnd，直到这一次完整转移之前。区块链的数据显示，它在2021年10月收到了第一座大道，资金可追溯到Coinbase Pro（现已停产）提款地址。

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

从那时起，它以较小的存款收集了多门，但从未将任何东西移出 - 直到现在。

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

完整的平衡一枪转移，没有剩余的灰尘。只有104,125,016个门票，费用付费，钱包空了。

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.

这种举动通常会引起问题。将这种规模转移到主要交换中通常表明可能清算，以定位OTC沉降或在移动之前进行巩固。

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

目前尚无办法说出，但是时机是什么。

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.

多霉素已经承受了数周的压力。在五月中旬推出超过0.23美元后，它一直在磨损 - 到了转会时，它已降至0.188美元，在10天内消失了约18％。该下降使转移直接进入当地低点，这意味着某人在捕获底部或在向下退出。

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.

无论是鲸鱼醒来，内部的co插入，还是一个长期持有人兑现，一件事很明确：坐了将近四年的杜书刚刚移动了 - 而且它并没有小。