Billions of DOGE Shoveled as Robinhood Increases Its Dogecoin Stash

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Billions of DOGE Shoveled as Robinhood Increases Its Dogecoin Stash
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4 billion Dogecoin shifted by whales as the $DOGE price and the trading volume surge

has gone up by nearly 20%, and as it happened, two anonymous wallets moved astounding amounts of Dogecoin, which are equal to several billion DOGE.

These massive funds were moved after it became known over the weekend that the Robinhood trading app had increased its DOGE stash by about 11%.Popular blockchain platform Whale Alert, which tracks down large cryptocurrency transfers, has spotted two massive transactions, carrying two billion DOGE each — 1,958,943,330 and 2,076,945,575 meme coins. These were the equivalents of $126,443,671 USD and $134,060,347 USD, respectively.

The transfers were made roughly 14 hours ago, according to the above-mentioned source, by wallets marked by Whale Alert as anonymous. However, the size of the transactions may hint that these may be crypto exchanges reshuffling their crypto holdings.

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