$SUNDOG Sees Whale Surge: 40M+ Tokens Withdrawn as New Wallets Emerge
By: blockchainreporter|2025/05/09 15:15:02
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$SUNDOG sees huge whale activity. On May 8, 2025, two newly formed wallets, TGA...Pw and TDWW...HTn withdrew together more than 40.3 million $SUNDOG tokens, amounting to nearly $2.09 million, through the Bybit crypto-exchange. These high-value transfers were monitored on the TRON blockchain through Tronscan, which measures how whales are interested in the token.Whales are accumulating $SUNDOG!2 newly created wallets, TGApPw and TDWWJ, withdrew 40.3M $SUNDOG($2.09M) from #Bybit 4 hours ago.https://t.co/bVKAlzll3hhttps://t.co/oc4E1WvpNMWallets TUbMd and TF4YHc(may belong to the same whale) have withdrawn 28.74M $SUNDOG($1.47M) from... pic.twitter.com/u1ljRDMdB8— Lookonchain (@lookonchain) May 8, 2025Consolidated Withdrawals from Multiple Major ExchangesBased on on-chain data, one wallet (TDWWJ7xKPAPm...q8wGHTn) received massive transfers from leading exchanges such as HTX, Gate.io, Kucoin, Bybit, and Bitget in a span of 5 hours. The wallet got sums like 6.99M, 4.87M, 3.5M, and 3M $SUNDOG from various sources, effectively showing a cooperative build-up.At the same time, another wallet (TGA......Fx1NN) also withdrew more than 14.8 million tokens from Bybit in two transactions, and the difference in time between the two was a few hours. These wallets, as tracked by Lookonchain, are said to be new, hence fresh whale activity.Whale Activity Reaches Above $1.47M in the Last 10 daysLookonchain also found wallets TUbMd and TF4YHc, which may belong to the same entity, withdrawing $28.74 million $SUNDOG (equivalent to $1.47 million) from Bybit in the past 10 days. Such movements are supportive of the hypothesis that one or multiple entities are silently accumulating vast amounts of $SUNDOG.One transaction out of wallet TUbMdY...F2YQ includes one transfer of more than 5.34 million tokens from Bybit and other inflows (608K tokens or smaller deposits), etc.Another New Whale acquired 2M $TRX Worth of 8.72M $SUNDOG.At the same time, another whale wallet (TNr2wE) has spent 2 million TRX (or around $493,000) since April 24 to earn 8.72 million $SUNDOG. The most recent transaction was a $76,000 TRX deposit for 360,408 $SUNDOG in less than three hours ahead of Lookonchain’s report.Market OutlookThese simultaneous acquisitions into various wallets and exchanges come to mark growing confidence among big shots that the token has a good future. The timing and size of such moves indicate a strategic position before potential price scrambles or project developments.Now that whale wallets are in accumulation mode, $SUNDOG is effectively on the radar screen, and the market itself is keeping a close eye on it.
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