Robinhood holds 39.9% of Dogecoins in circulation; a whale is moving nearly half a billion DOGE at a tiny fee
The @DogeWhaleAlert Twitter account tweeted that Robinhood continues to hold over a third of DOGE’s overall supply in circulation for its customers.
Meanwhile, the largest meme cryptocurrency by market capitalization value has again helped move a massive amount of value for just a tiny fee compared to banks.
$38 million in DOGE stored by Robinhood
According to a recent tweet, the @DogeWhaleAlert account which tracks large Dogecoin trades made by whales, said the amount of popular canine tokens held by the platform for its investors continues to hold at the 30% level, or 30.90. % of Dogecoin supply. circulating in the market.
According to a recent tweet, the @DogeWhaleAlert account which tracks large Dogecoin trades made by whales, said the amount of popular canine tokens held by the platform for its investors continues to hold at the 30% level, or 30.90. % of Dogecoin supply. circulating in the market.
This is worth a staggering $4,390,002,113 and comprises 40,998,170,618 DOGE.
This same crypto that belongs to Robinhood customers is held in the platform’s two known wallets, 3334959 and 1699275, using eight addresses.
This share of DOGE on Robinhood fluctuates a little bit down or up from time to time but overall mostly stays at the level mentioned above.
359.3 million DOGE were transferred to the top 20 wallets
@DogeWhaleAlert also mentioned that a mind-boggling amount of DOGE was sent from an anonymous address to one of the top 20 crypto wallets.
Remarkably, 359,324,741 coins worth $38,079,439 have been sent for just a symbolic fee of $6.71 (63.33 DOGE)—a transaction fee that no bank can offer.
