Mysterious Dogecoin Whale Pulls 200,000,000 DOGE out of Robinhood

Dogecoin sees mysterious 200,000,000 DOGE bullish whale activity on Robinhood

A large Dogecoin transaction took place earlier today with 200 million DOGE, worth approximately $45.3 million, moving from a Robinhood-associated wallet to a relatively new address not linked to any public exchange or known institution. It was part of a series of transfers totaling over 321 million DOGE, but the largest single movement was the 200 million DOGE chunk that landed in the wallet DGTDRAkwtiCRHwCtXGnhNMRU8RryFhW4Km, as reported by Whale Alert

This wallet is far from new. It has now received over 35.5 billion DOGE in total and sent out 28.9 billion, based on public ledger data. It has processed 50 ins and 43 outs to date. As of this afternoon, its current balance stands at 659,118,627 DOGE, or about $148 million at the recent Dogecoin price