Bitcoin

Recent investigations reveal that Robinhood possesses the third-largest Bitcoin wallet, containing roughly $3 billion worth of BTC. This amount is a small part of the $11.5 billion worth of cryptocurrencies it keeps safe for its users.Around August 27, a <a href="https://platform.arkhamintelligence.com/explorer/address/bc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2" rel="noopener noreferrer nofollow">report</a> from Arkham Intelligence stated that Robinhood is believed to have more than $3 billion worth of Bitcoin stored in one specific place.The information reveals that Robinhood has 118,300 BTC, which is equivalent to $3.07 billion, saved in an address starting with “bc1ql.” This address has been active recently. While the recent transactions are not substantial, the wallet’s <a href="https://cryptosheadlines.com/defi-powerhouse-blur-sets-new-record-with-all-time-high-total-value-locked/" rel="noopener noreferrer nofollow">total value</a> has grown significantly. Back in mid-May, it had only $5,400 worth of Bitcoin, but by May 25, the amount grew to about $1.4 billion and further ballooned to $3 billion by June 18. <a href="https://cryptosheadlines.com/robinhood-joins-top-bitcoin-wallets-with-3b-holding/" rel="noopener noreferrer nofollow">Read More...</a>

Robinhood Joins Top Bitcoin Wallets with $3B Holding

CryptosHeadlines.com

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