Major Dogecoin (DOGE) Holders are here.
Buy and hold your DOGE now.
As of August 2023, the largest holders of Dogecoin (DOGE) are primarily cryptocurrency exchanges and a few unidentified entities. Notable holders include:
1. Robinhood Wallet: This wallet holds approximately 31.8 billion DOGE, accounting for about 23.4% of the total supply. It is believed to be a cold storage wallet used by Robinhood to secure customer assets.
2. Binance Wallet: Controlled by Binance, this wallet contains around 8.9 billion DOGE, representing about 6.5% of the total supply. It is likely used for long-term storage of customer funds.
3. Unknown Whale: An unidentified entity holds approximately 7.2 billion DOGE, equating to about 5.6% of the total supply. The identity of this holder remains unknown.
Additionally, a significant portion of DOGE is concentrated among a small number of entities. Specifically, 82% of the total Dogecoin supply is held by 535 entities, which likely include exchanges and a few large investors.
This concentration has raised concerns about the centralization of Dogecoin holdings, as a small number of addresses control a substantial portion of the total supply.