TechFlow news, according to a tweet from DogeWhaleAlert, Robinhood holds nearly $5 billion worth of Dogecoin on behalf of its investors. This amounts to 42,157,488,061 DOGE, representing 31.78% of the circulating supply. The tweet also noted that the company uses two wallets comprising eight addresses to store the Dogecoin. In multiple Dogecoin transactions, @DogeWhaleAlert identified a significant transfer valued at 300,000,000 DOGE, equivalent to approximately $34,473,300. The transaction fee for this transfer was 84.17 DOGE, roughly $10.
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