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Robinhood Accumulates 371 Billion Shiba Inu, Dropping $19M Bitcoin

Published 21/01/2024, 10:28
© Reuters.  Robinhood Accumulates 371 Billion Shiba Inu, Dropping $19M Bitcoin
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Coin Edition -

  • On-chain data shows Robinhood now holds 36.825 trillion units of SHIB tokens.
  • This figure emerged after a series of accumulations, totaling 371 billion in under four days.
  • Meanwhile, Robinhood’s BTC has dipped by 468 coins worth $19,449,144.

New accumulation frenzies have reinforced Shiba Inu’s position as the third-largest holding of the prominent American exchange Robinhood. Pro-Shiba Inu crypto enthusiast Lola called attention to the development in a recent tweet.

Citing statistics from well-known crypto market analytic firm Arkham Intelligence, Lola disclosed that the U.S.-based trading platform now holds a staggering 36.825 trillion units of SHIB tokens.

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