Does Robinhood have the largest Dogecoin address and the third largest Bitcoin wallet?
Does Robinhood have the largest Dogecoin address and the third largest Bitcoin wallet?
- According to a Reddit user and armchair detective, Andreifronalberta, Robinhood has the largest Dogecoin wallet address.
- The Redditor found that Robinhood holds more BTC than Microstrategy.
a reddit account, Andreifromalberta said that the largest Dogecoin address and the third largest Bitcoin wallet belong to the American financial service company Robinhood. As an alleged owner of the third largest BTC wall, this means that Robinhood holds more Bitcoin than Microstrategy.
Before that, the Reddit user has published research on a specific Dogecoin wallet-"DH5", the wallet address with the biggest dog. As such, DH5 became a topic of discussion among members of the crypto community in February. Andrei also posted the current topic at the time. In the post office, the armchair detective connected the Dogecoin address with Robinhood. According to Andrei, RobinHood has the largest Dogecoin address DH5 and the third largest Bitcoin Wallet, 1P5 .
Recently, Andrei again claimed that the online broker DH5 has the wallet with the largest amount of Dogecoin. In addition to the possession of Dogecoin, the researcher said that Robinhood has the third largest BTC wallet. In addition, the Reddit user added that Robinhood has other large wallets of top cryptocurrencies such as Ethereum (ETH) and Bitcoin Cash (BCH). Robinhood Rich-List-Wallets from six top cryptocurrencies checked.
In particular, the BTC wallet was created about the same time when the DH5 Dogecoin Wallet began. The Bitcoin address began to accumulate in February 2019 and currently holds around 113,842 BTC. With such a high amount, the wallet makes it one of the largest owners on the market.
Robinhood supposedly checks the most important crypto wallet addresses
The Reddit user believes that Robinhood has used the same Bitcoin and Dogecoin memory method for the other cryptos that it offers for trade. The other five cryptocurrencies that are available for trade on Robinhood include ETH and Litecoin (LTC). Others are BCH, Ethereum Classic (etc) and Bitcoin SV (BSV).
In the report, Andrei suspects that the fourth largest ETH address " 0x7 ", and the second largest LTC address," lqt " belongs to Robinhod. Report further suggested that the American financial service company has the second largest BCH address. 16n . Andrei pointed out that the wallet addresses were created approximately at the same time and accumulated with the same pattern.
The armchair detective said:
Robinhood (RH) actually has more BTC (116K) as a microstrategy (105k), as a storage for RH-cryptocundies. In total, over 10 million crypto robinhooders are actually intelligent money, which has been buying the Bitcoin and crypto dip strongly since the crash in May. Wallets are urgently needed to give millions of RH investors the freedom of self-maintaining.
Source: Crypto-news-flash.com
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