Based on DogeWhaleAlerta information-monitoring support that concerns whale alerts for transactions of additional than 4 million DOGEs, three.two billion DOGEs really worth just about $218 million have been reported to have moved into cold storage by Robinhood.
Like @RobinhoodApp just moved three.2B $ DOGE (really worth about $218 million USD) can be place into cold storage.#Dogecoin
– Dogecoin Whale Alert (@DogeWhaleAlert) July 19, 2022
By preserving digital assets offline, cold storage wallets are explained to deliver protection for them for the duration of volatile market place downturns. When holding cryptocurrency for longer intervals, traders generally move it to cold wallets.
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a hundred,000,000 VND $ DOGE ($six,705,a hundred USD) was transferred from 1 #Robin Hood hero wallet for 1 #Robin Hood hero purse.
Fees: ten.00 ($.67 USD)
Tx: https://t.co/rYtMG2tHDo#DogecoinWhaleAlert #WhaleAlert #Dogecoin #CryptoNews
– Dogecoin Whale Alert (@DogeWhaleAlert) July 19, 2022
The information tracker has proven many transfers tied to the Robinhood wallet inside the final 24 hrs. Fourteen transactions of 100 million DOGEreally worth roughly $six.seven million just about every, reported by DogeWhaleAlert to have been moved from 1 Robinhood wallet to a different.
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ten,988,259 $ DOGE ($724,269) transferred from many wallets to 1 #20 top purse.
Fees: one.06 ($.07 USD)
Tx: https://t.co/764AE1483b#DogecoinWhaleAlert #WhaleAlert #Dogecoin #CryptoNews
– Dogecoin Whale Alert (@DogeWhaleAlert) July 18, 2022
Other reported transactions include things like 10,988,259 DOGE really worth of $724,269 transferred from many wallets to 1 anonymous best twenty wallet.
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599,99,900 yen $ DOGE ($forty,226,993) was transferred from 1 #Robin Hood hero wallet to an unknown wallet.
Fees: two.00 ($.13 USD)
Tx: https://t.co/OtIPLTfPbd#DogecoinWhaleAlert #WhaleAlert #Dogecoin #CryptoNews
– Dogecoin Whale Alert (@DogeWhaleAlert) July 19, 2022
The information tracker also reviews two separate transactions of 599,99,900 DOGE really worth $forty,226,993 and 999,99,996 DOGE really worth $66,914,000, transferred from Robinhood wallet to unknown wallet.
Robinhood holds forty.one billion DOGE on behalf of traders
#Robin Hood hero🪶 two recognized wallets — 3334959 & 1699275 — working with eight recognized addresses. Total mixed volume of #Dogecoin organized by RH 🪶 on behalf of its traders are:
forty,138,384,330 $ DOGE
$two,723,389,377 USD
thirty.25% of circulating providehttps://t.co/iWz81VqNuc– Dogecoin Whale Alert (@DogeWhaleAlert) July 18, 2022
Based on DogeWhaleAlert, a complete of forty,138,384,330 DOGE, really worth $two,723,389,377, is getting held by Robinhood on behalf of its traders. This represents thirty.25% of the complete provide.
Two recognized Robinhood wallets, 3334959 and 1699275, use eight recognized addresses to hold these money.
At press time, Dogecoin (DOGE) is trading somewhat decrease at $.066.