The post Massive 100 Million DOGE Transfer to Robinhood Sparks Speculation Amid Price Recovery appeared first on Coinpedia Fintech News
A huge 100 million Dogecoin, valuing $12 million, was transferred to Robinhood by the address âDF8jRâ, which also has a record of more than 1,300 DOGE transactions. This is a major undertaking, which was tracked by Whale Alert, and falls parallel to Dogecoinâs price rebound to $0.125, following its recent decline. Naturally, questions have been raised within the community, about the transfer, since large transactions to exchanges often mean potential sell-offs. Moreover, the timing suggests that the owner might as well be preparing for trades or simply taking advantage of the price hike. Currently, all eyes are on the impact that DOGEâs future might have.
