$4.9 Billion in DOGE Held by Robinhood Now: Details
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
According to a tweet recently posted by @DogeWhaleAlert account, the Robinhood brokerage company holds nearly $5 billion worth of Dogecoin on behalf of its investors.
Meanwhile, a staggering $34 million in DOGE were recently transferred between anonymous wallets.
Robinhood holds 31.7% of circulating Dogecoins
In a recent tweet, @DogeWhaleAlert spread the word that Robinhood stores an astounding $4,945,874,342 worth of the original meme cryptocurrency, Dogecoin. That comprises 42,157,488,061 coins in DOGE equivalent. This is also 31.78% of the token’s total supply in circulation.
The tweet also states that the company uses two wallets made up of eight addresses for storing Dogecoin.
#Robinhood's ? two known wallets—3334959 & 1699275—use eight known addresses. The total combined amount of #Dogecoin held by RH ? on behalf of its investors is:
— Ðogecoin Whale Alert (@DogeWhaleAlert) March 17, 2022
42,157,488,061 $DOGE
$4,945,874,342 USD
31.78% of the circulating supplyhttps://t.co/iWz81V8Eg4
Arman Shirinyan300 million DOGE shifted by anon wallets
Among multiple Dogecoin transactions, @DogeWhaleAlert has spotted a massive one, carrying a whopping 300,000,000 DOGE worth $34,473,300.
The fee for this transfer comprised 84.17 DOGE, which is almost $10.
?????????????
— Ðogecoin Whale Alert (@DogeWhaleAlert) March 18, 2022
300,000,000 $DOGE ($34,473,300 USD) was transferred from multiple wallets to an unknown wallet.
Fee: 84.17 ($9.67 USD)
Tx: https://t.co/ZdcH110yR6#DogecoinWhaleAlert #WhaleAlert #Dogecoin #CryptoNews
Related articles
Denys Serhiichuk
Tomiwabold Olajide
Dan Burgin
Alex Dovbnya
Vladislav Sopov