According to a tweet by
@DogeWhaleAlert, popular cryptocurrency trading app Robinhood is holding around $5 billion worth of Dogecoin (DOGE) on behalf of its investors.
It was also reported that $34 million DOGE was transferred between anonymous wallets recently.
Robinhood Owns 31.7% of Circulating Dogecoins
According to a recent @DogeWhaleAlert tweet, Robinhood announced it is holding $4,945,874,342 worth of Dogecoins . This also equates to 31.78% of the token’s total circulating supply of Dogecoin.
The tweet also stated that the company uses two wallets with eight separate addresses to store Dogecoin.
Moved 300 million DOGE between anonymous wallets
@DogeWhaleAlert, multiple Dogecoins revealed that there was a transaction carrying 300,000,000 DOGE worth $34,473,300 between the transaction.
This transfer included 84.17 DOGE, which was approximately $10.
https://twitter.com/DogeWhaleAlert/status/1504747241940176902
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