HomeTechnologyHere is How A lot Shiba Inu (SHIB) Robinhood Added in 20...

Here is How A lot Shiba Inu (SHIB) Robinhood Added in 20 Days

Arkham Intelligence has recognized Robinhood because the fifth-largest holder of Ethereum (ETH) and holder of 34 trillion Shiba Inu (SHIB) tokens.

Earlier this month, Arkham Intelligence additionally named Robinhood because the proprietor of the third-largest Bitcoin pockets, with holdings equal to round $3.2 billion.

  • It was revealed that along with Bitcoin and Ethereum, Robinhood additionally owns 34.086 trillion Shiba Inu tokens, equal to about $279.85 million on the present market value.
  • Knowledge exhibits a steep rise in Robinhood’s SHIB holdings, registering a 70.4% improve inside 20 days. On August 10, the agency held round 20 trillion SHIB, equal to $197.40 million.
  • In simply 20 days, Robinhood added a further 14.086 trillion SHIB tokens to its holdings.
  • The rise in SHIB holdings coincided with the general public reopening of Shibarium, the layer-2 scalability answer of the Shiba Ecosystem. It’s believed that this reopening could have led to a rise in Robinhood’s SHIB holdings.
  • Knowledge exhibits that shortly after Shibarium’s public relaunch, it registered 431,765 pockets addresses and about 600,000 transactions. This represents a 564% progress in addresses and a 71.3% rise in transactions.
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