Robinhood CEO Responds to Queries on Mysterious Billionaire Dogecoin Whale

Crypto traders are seeking to establish who owns the wealthiest Dogecoin wallet in existence – which retains 36.71 billion DOGE value $12.73 billion at time of publishing.

Is it Elon CEO Elon Musk? The exact deal with also has a background of transacting 28.061971 DOGE, which happens to be Elon Musk’s birthday – June 28th, 1971.

But Musk factors to Robinhood, Vladimir Tenev’s trading empire, as the doable owner. Tenev states that’s not the situation.

“Any coins that we hold are for the purposes of type of furnishing access in holdings for our customers. We do not have considerable positions in any of the cash that we continue to keep on a proprietary foundation or anything at all like that.” 

One detail is for specific, at minimum in accordance to Binance CEO Changpeng Zhao. He’s selected the operator of the major DOGE wallet is not Binance. He’s also skeptical that any other exchange is the entity driving the wallet in issue.

“Elon, the leading a single (with 30% of total supply) does NOT belong to Binance. I significantly question it belongs to a different exchange based mostly on use pattern, etc. I could be mistaken. Who explained to you? Could possibly want to check your source. All the most effective.”

Musk is an avid Dogecoin supporter, and Robinhood is just one of the key ways that retail traders obtain DOGE.

Past week, Musk unveiled that his house exploration company will start a moon mission that will be paid for making use of DOGE.

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