The top holders of Dogecoin (DOGE) include a mix of centralized platforms and anonymous wallets:
1. Robinhood Wallet: Holds the largest amount of DOGE, approximately 32.96 billion coins, representing about 23.15% of the total supply. This is a cold wallet used to manage client assets.
2. Unknown Wallets: An anonymous wallet holds 38.43 billion DOGE (27.95% of the supply), while others hold approximately 7.9 billion (5.6%) and 7.45 billion (5.42%) DOGE, respectively.
3. Binance: As one of the major holders, a Binance wallet contains around 6.4 billion DOGE.
4. Cryptsy Exchange Wallet: Despite the exchange being defunct, its wallet still holds about 5 billion DOGE.
5. Robinhood's Second Wallet: Another Robinhood wallet holds around 4.6 billion DOGE, actively engaging in large transactions.
The concentration of holdings, with top wallets controlling a significant portion of the supply, makes DOGE susceptible to market manipulation.