40M+ Tokens Withdrawn As New Wallets Emerge

$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. Consolidated Withdrawals from Multiple Major Exchanges Based 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 class=”wp-block-heading”.47M in the Last 10 days Lookonchain 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 Outlook These 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. With over five years of experience in crypto, blockchain, and tech content, Ishtiyaq makes complex topics easy to understand. He simplifies blockchain and digital currency concepts for a wide audience, ensuring that beginners and experts alike can grasp key ideas. His clear and engaging writing helps readers stay informed about the latest trends, developments, and innovations in the crypto space. Whether explaining blockchain technology, digital assets, or DeFi, Ishtiyaq breaks down complicated ideas into simple, digestible content. His goal is to help people navigate the fast-changing world of cryptocurrency with confidence, clarity, and a deeper understanding. Source: https://blockchainreporter.net/sundog-sees-whale-surge-40m-tokens-withdrawn-as-new-wallets-emerge/