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Binance isn’t the Dogecoin whale — and it looks like Robinhood isn’t, either

From stockhead.com.au

The chief executive of Binance has denied that the cryptocurrency exchange is the mysterious “Big Doge” that owns 28 per cent of the total supply of the meme coin — a whopping US$17.5 billion worth. Binance chief executive Changpeng “CZ” Zhao tweeted at Elon Musk over the weekend that he seriously doubts that another exchange owns the wallet, as well. {tweet} Speculation had focused on investing company Robinhood as the wallet owner, following an article in Bloomberg News in February. But Robinhood CEO Vlad Tenev and crypto COO Christine Brown seemed to cast cold water on that possibility earlier this month in a ... (full story)

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  • Category: Fundamental Analysis