200 Million Dogecoin Shifted to Unknown Wallet

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200 Million Dogecoin Shifted to Unknown Wallet
08 Jun 2022
min read

News Synopsis

200 million Dogecoins, worth Rs 124 crore, have been transferred to unknown wallets. A tracker named Doge Whale Alert has shared on Twitter that Dogecoin worth $16 million, or about Rs 124 crore, has been transferred from an unknown wallet address to another address. 

Dogecoin, worth around $16 million, was allegedly sent from an unknown address to another account. A tracker tracking the activity of Dogecoin whales has reported that this large transaction has charged a fee of 10 dodges. The same tracker has shared another data share, which states that the popular crypto investment app Robinhood currently holds about 31 percent of the total DOGE supply

The tracker states that this investment app Investment App currently has 40,738,383,811 Dogecoins, whose total value is around $3,451,029,969 i.e. around Rs 26,789 crore. So many Dogecoins are kept in two wallets numbered 3334959 and 1699275 in the name of Robinhood's investors.

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