506.2 Million DOGE Shoveled by Robinhood and Anon Whale: Report

DOGE

A Dogecoin transaction tracker has noticed several massive transfers of DOGE, carrying $69 million worth of crypto

Crypto Tracking Service @DogeWhaleAlert shared data on a whopping 506.2 million DOGE moved by popular brokerage app Robinhood and an anonymous whale.

According to the tweets, approximately twenty hours ago, Robinhood performed three “heavy” crypto transactions, moving three lumps of 100,000,000 Dogecoin each, between its internal addresses.

Each of these transfers was worth $13,679,600 and each was sent for a small fee of $1.37 (10 Dogecoins).

An hour before that, an anonymous crypto whale transferred an almost the same amount of DOGE in a single lump: 206,263,823 coins. That comprised $27,958,442 in fiat and was moved to a top 20 wallet, according to @DogeWhaleAlert.

Overall, nearly $69 million has been transferred into the original meme cryptocurrency.

As reported by U.Today earlier, Robinhood holds 42,157,488,061 DOGE on behalf of its investors. That equals an astounding $4,945,874,342 – 31.78 percent of Dogecoin in circulation.

In other news, DOGE was recently added by Bitcoin of America ATM chain. That’s 1,800 BTMs in about 39 US states.

admin

Read Previous

Dogecoin Whales Grow Number of Large DOGE Transactions by More Than 100%, Data Shows

Read Next

Number of Addresses Holding BTC Taps 40 Million, Non-Zero Bitcoin Address Metric Grew 92% Since 2018

Leave a Reply

Your email address will not be published. Required fields are marked *

Right Menu Icon