The 3rd Largest Bitcoin Owner After Binance and Bitfinex Has Been Announced
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According to wallet data from Arkham Intelligence, the investment and trading platform holds more than $3 billion in Bitcoin (BTC).
According to wallet data from Arkham Intelligence, investment and trading platform Robinhood (HOOD) holds over $3 billion in Bitcoin (BTC) in a single wallet and has been withdrawing its holdings for several months.
This makes it the third largest Bitcoin holding entity after cryptocurrency exchanges Binance ($6.4 billion) and Bitfinex ($4.3 billion).
Robinhood transferred approximately 118,300 Bitcoin from several other small wallets to this wallet over a three-month period.
This wallet has become famous among market watchers over the past few months, as its mysterious identity has made many curious.
All these assets are held on the Bitcoin blockchain. According to data from BitInfoCharts, the first transactions were made on March 8 and then a large amount of Bitcoin was transferred on July 14.
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