A large Dogecoin whale recently transferred over $445 million worth of the popular memecoin in a series of transactions that took place on Monday. The transfers caught the attention of crypto enthusiasts and analysts, shedding light on the shifting dynamics of Dogecoin's top wallets. The sender, previously holding a top-10 address, executed the transactions resulting in a drop to the 19th-largest wallet position.

As for DOGE's market performance, the coin is trading at nearly $0.07114 at the time of writing. Consolidation within the narrow range of $0.072 to $0.08 is expected throughout the current week, as indicated by the Dogecoin technical analysis.