PANews reported on May 8 that according to Lookonchain monitoring, whales are hoarding SUNDOG tokens. Four hours ago, two newly created wallets, TGApPw and TDWWJ, withdrew 40.3 million SUNDOG (worth $2.09 million) from the Bybit exchange.

Wallets TUbMd and TF4YHc (likely belonging to the same whale) have withdrawn 28.74 million SUNDOG (worth $1.47 million) from the Bybit exchange in the past 10 days.

Another whale, TNr2wE, spent another 76,000 TRX (worth $19,000) to buy 360,408 SUNDOGs 3 hours ago. Since April 24, this whale has spent 2 million TRX (worth $493,000) to buy 8.72 million SUNDOGs.