Robinhood Moves 131 Million DOGE In An Hour: What’s Happening?

Online trading platform Robinhood reportedly transferred a whopping 131 million Dogecoin (CRYPTO: DOGE) within the span of an hour, sparking intrigue and speculation among crypto enthusiasts.

What Happened: According to data, this massive amount of DOGE was moved in two significant transactions.

The initial transaction involved the transfer of 80,452,117 DOGE, valued at approximately $33,127,063, from Robinhood to an unidentified wallet.

The subsequent transaction witnessed 51,954,195 DOGE, worth around $21,334,106, being transferred from Robinhood to leading cryptocurrency exchange, Coinbase.

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