• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Friday, July 11, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Crypto Expert Figures Out Who Is Behind The Dogecoin Whale Address That Holds $12 Billion

by Ayushi Mehta
May 25, 2021
in News
Reading Time: 2 mins read
0
Crypto Expert Figures Out Who Is Behind The Dogecoin Whale Address That Holds $12 Billion
TwitterWhatsappLinkedin

You might also like

DLF Camellias: The Luxury Magnet Attracting India’s Elite, Deepinder Goyal Joins the List

Audio Streaming Showdown: Delhi High Court Halts Kuku FM Episodes After Pocket FM’s Legal Firestorm

McDonald’s AI Hiring Chatbot Leaks 64 Million Applicant Records, “123456” Password Implicated

The story behind the world’s largest Dogecoin Holder is not as fun as the investors and target audience would like.

All the major news outlets and firms have been investigating the identity of the face behind the $12 billion Dogecoin’s address DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L which has accumulated almost 36.6 billion dogecoins since the year 2019. The address hold up to 28% of the entire Dogecoin supply.

The investors and crypto experts are brainstorming to guess who this might belong to. It is easily speculative that the address belongs to an individual who secretly got hold of billions of dollars of the crypto currency. However, it is a huge possibility that the address is linked with a crypto currency address, believes Patrick Lodder, a core developer of the Dogecoin.

The additions to the address of the Dogecoins are made for fun, just like the addition of 420.69 Dogecoins on last Tuesday, May 18. Lodder said that these are probably just some pranksters who send relatively small amounts of Dogecoin to the whale address for fun and as a joke.

Patrick had been working on Dogen from 2014. He said that anyone can send Dogen to a publicly listed address. This will help to hide the identity of the address where the currency is going, unless the address is at a very large increase.

Patrick said that the addition of 420.69 and the addition of 06/28/1971 dogecoins, multiplied by three times on Elon Musk’s birthday relates to June 28, 1971.

“These are all wild cards that probably have nothing to do with the wallet operator, these are just people having fun,” Said Patrick.

The whale address who has a hold over $12 billion in doge, sells it very rarely. The last time a doge was sold from the wallet was on April 2021, which was of 100 million coins.

This again leads back to the speculation that the whale is actually of an individual and not an exchange. This doesn’t mean that the wallet is of an individual too. A crypto exchange which holds a huge number of dogecoins is not likely to keep it on its server. They would rather move its inventory to a more secure offline storage like a cold wallet. This also explains why the address has a lot of additions but much of sellouts.

“It looks like someone is taking a lot of money into custody and putting it in a cooler bag to make it safer,” Lodder stated.

A large number of people on the internet are speculating that the wallet might belong to Elon Musk, the “dogefather” himself.

Tags: #Crypto#DogecoinCrypto CurrencyCrypto exchangedogeElon MuskInvestmentinvestments
Tweet54SendShare15
Previous Post

How to share an Apple Card and add a co-owner

Next Post

SpaceX Tests Falcon 9 Booster Ahead Of Starlink Launch

Ayushi Mehta

Hey! My name is Ayushi Mehta, I'm 19 years old. I am a big time literature and tech enthusiast. A cub Journalist. Thank you for checking out my articles! To connect, email me at- [email protected]

Recommended For You

DLF Camellias: The Luxury Magnet Attracting India’s Elite, Deepinder Goyal Joins the List

by Ishaan Negi
July 11, 2025
0
DLF Camellias: The Luxury Magnet Attracting India’s Elite, Deepinder Goyal Joins the List

When luxury meets legacy, the address reads DLF The Camellias. Nestled in the heart of Gurugram’s upscale DLF Phase-5, this super-luxury residential enclave has quietly evolved into one...

Read more

Audio Streaming Showdown: Delhi High Court Halts Kuku FM Episodes After Pocket FM’s Legal Firestorm

by Ishaan Negi
July 11, 2025
0
Audio Streaming Showdown: Delhi High Court Halts Kuku FM Episodes After Pocket FM’s Legal Firestorm

In the latest development in India's intensifying audio-streaming rivalry, the Delhi High Court has stepped in to pause the release of new episodes from five of Kuku FM’s...

Read more

McDonald’s AI Hiring Chatbot Leaks 64 Million Applicant Records, “123456” Password Implicated

by Sneha Singh
July 11, 2025
0
McDonald's AI Hiring Chatbot Leaks 64 Million Applicant Records, "123456" Password Implicated

Massive security compromise at McDonald's has put millions of job candidates' personal data out on the streets due to a password that would give any cybersecurity expert nightmares:...

Read more
Next Post
Starlink launch

SpaceX Tests Falcon 9 Booster Ahead Of Starlink Launch

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?