Today, the crypto world buzzed with intrigue as 310 million DOGE, worth $51.07 million, were transferred. Whale Alert revealed the movement from address "DEgDV^ prime prime" to "DDuXG," sparking speculation in the meme cryptocurrency community.
The focus is on Robinhood, the U.S. brokerage giant. Sources suggest the sender's address, holding 30.97 billion DOGE ($5.07 billion), might be linked to Robinhood. The recipient now holds 2.14 billion DOGE ($350 million).
This transfer coincides with Robinhood's announcement to acquire Bitstamp, a major European exchange, for $200 million, planned for completion by mid-2025.
This transfer marks a significant event, with the sender's address now the largest DOGE holder, controlling 23.4% of the total volume. The wallet, originating in May 2023, aligns with Dogecoin's popularity surge, especially on platforms like Robinhood.
With major acquisitions and movements, all eyes are on how this will impact DOGE's price in the coming days. 🚀
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