A substantial transfer of 180 million Dogecoin (DOGE), valued at nearly $50 million, was executed on July 21, moving the cryptocurrency from Robinhood to a decentralized wallet. This transaction, identified by Whale Alert, has increased the wallet's holdings to over 455 million DOGE, worth more than $125 million. The identity of the whale behind the transfer remains unknown, fueling speculation about possible institutional involvement or strategic accumulation. The transfer coincided with a significant rally in DOGE's price, which recorded the highest daily gains among the top ten cryptocurrencies by market capitalization. However, the direct impact of this transaction on DOGE's market performance is still unclear.