Robinhood reportedly holds almost 32 percent of the entire circulating supply of Dogecoin (DOGE).
@DogeWhaleAlert shared information about how much Dogecoin is in Robinhood. Accordingly, Robinhood holds almost 32 percent of the total circulating supply.
Thanks to the recently launched cryptocurrency wallets, the company’s customers can now withdraw cryptocurrencies and send them to their third-party addresses. It can also send. With this feature, investors began to be more interested in the application. As such, the share of Dogecoin stored by Robinhood has become almost 32 percent of the total circulating supply.
This equates to 42,436,664,891 DOGEs worth $5,398,537,887. The tweet says the platform holds these funds on behalf of its customers. Robinhood stores Dogecoin in two wallets using eight addresses.
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