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Robinhood is currently the third largest holder of Shiba Inu, holding 36.825 trillion SHIB

Robinhood is currently the third largest holder of Shiba Inu, holding 36.825 trillion SHIB

CointimeCointime2024/01/22 00:08
By:Cointime

According to data compiled by Arkham Intelligence, Robinhood trading platform currently holds 36.825 trillion SHIB, 130,000 BTC, and 1.628 million ETH. Based on Shiba Inu's current market value, the 36.825 trillion SHIB held by Robinhood is worth $3.4763 billion. This dollar value makes SHIB the third largest token regulated by the exchange, following Bitcoin and Ethereum. It is worth noting that Robinhood's Shiba Inu investment portfolio is more than twice that of AVAX.

In addition, Arkham data shows that Robinhood is the third largest holder of Shiba Inu (excluding burn addresses). The only exchanges with higher rankings are Crypto.com and Binance.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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