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Digital Fortress, Part 1: How to safeguard digital assets in Web3
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Aug 29, 2023Robinhood Identified to Be Mysterious Wallet and 3rd Largest Holder of Bitcoin: Data
Aug 19, 2023Robinhood had previously delisted several crypto assets which were classified as securities by the SEC.
Bitcoin wallet address that accumulated $3 billion worth of BTC in three months to become the 3rd largest wallet address belongs to the investing and trading platform Robinhood.
The wallet had attracted attention dividing the market observers into speculating whether it belonged to Winklevoss-led Gemini or asset management giant BlackRock. However, Arkham Intelligence data showed that Robinhood is, in fact, behind the wallet, which currently holds over $3.08 billion of Bitcoin.
Chayanika has been working as a financial journalist for four years. A graduate in Political Science and Journalism, her interest lies in regulatory implications with a focus on technological evolution in the crypto realm. Contact:Linkedin