Mysterious 245 Million DOGE Transfer Sent to Robinhood, Price Plunges

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This transaction gained attention of the Dogecoin community, triggering a heated response in the comments.The aforementioned cryptocurrency tracking platform has shared that approximately 12 hours ago, a mysterious unknown whale shoveled a staggering 245,000,000,000 DOGE to renowned trading venue Robinhood. At the time this transaction was made, this amount of the original meme-themed coins was evaluated at $49,622,788.

Mishaboar pointed out that any sophisticated cryptocurrency user would be able to identify this wallet as belonging not to an individual but as being a cold wallet of a crypto exchange. He stressed that many CEOs kept repeating that false thing about “the DOGE whale,” spreading misleading information.

The aforementioned user emphasized that the actual owner of that biggest Dogecoin holding was finally identified, and it belongs to none other than the Robinhood exchange. The platform held it on behalf of its users. Some speculations even pointed to DOGE's biggest fan, Elon Musk, as the “mysterious wealthy DOGE whale.” Mishaboar offered a crucial reminder of how important it is to do one’s own research every time one deals with the crypto space.

Source: Digital Coin News (digitalcoinnews.net)

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