Robinhood Whale Alert: 400,000,000 DOGE and 2.7 Billion SHIB Transferred to Unknown Wallets

have witnessed an increased rate of large transactions of late. Whale Alert data indicated a transfer of 400,000,000 DOGE-worthy $50 million from Robinhood to an unknown wallet

Whale Alert data indicated a transfer of 400,000,000 DOGE, to the tune of $50 million, from Robinhood to an unknown wallet, DEgDV…Mke.

Similarly, the same wallet transferred 2.7 billion SHIB, valued at $48.3 million, from Robinhood to an unknown wallet on the Ethereum blockchain.

At the time of the whale transaction, SHIB was trading at $0.00001703. The price of SHIB soared massively after the transaction.

This circular flow of funds suggests possible strategic repositioning or liquidity management by large holders.

Meanwhile, a spike in DOGE liquidations occurred as the price approached the 0.1266 mark, impacting both long and short positions.

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