203,556,622 DOGE Slam Into Robinhood as Dogecoin Price Explodes 6%

On Saturday, a substantial transfer of Dogecoin (CRYPTO: DOGE) was reported as 203,556,622 DOGE, valued at $20,059,987, moved from an unknown wallet to Robinhood. This significant transaction coincided with a 6% rebound in Dogecoin’s price, marking a reversal from a recent downward trend.

Whale Alert reported that this isn’t the first time such a large transfer has occurred. On February 4, a similar move saw 277,731,894 DOGE, worth $29,491,644, transferred to Robinhood. These transactions have caught attention amid a volatile cryptocurrency market.

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