Robinhood Trades Shiba Inu, Adds Another 400 Billion SHIB, Sells Nearly $20 Million in Bitcoin

A cryptocurrency trader named Lola tweeted: Major trading boards in the US

It has become the third largest exchange holding Shiba Inu coins after Crypto.com and Binance

Lola cited data from Arkham Intelligence, a cryptocurrency market analysis company. Popular in the United States, Robinhood trading board currently owns a total of 36.825 trillion SHIB Shiba Inu coins.

Lola also revealed that Robinhood sold approximately 468 BTC, or $19,449,144 worth of Bitcoin, while selling Shiba Inu coins for an additional 140 billion SHIB, and Robinhood currently owns and sold a total of 36,825 SHIB Shiba Inu coins.

Meanwhile, Lola has issued an update. Since January 17, Robinhood has collected an estimated $371 billion in Shib Inu transactions.

The Robingood exchange holds a total of 36.825 trillion SHIB worth $347.63 million, making the Shiba Inu the third most popular asset on the exchange after Bitcoin and Ethereum.

With the Shiba Inu SHIB's market cap of $36.825 trillion on Robinhood at $347.63 million, this dollar value makes the Shiba Inu the third largest token under the exchange's umbrella, behind Bitcoin and Ethereum in particular. Notably, Robinhood's Shiba Inu performance is more than double that of Avalanche (AVAX), the cryptocurrency it closely tracks.

Additionally, Arkham Intelligence data shows that with over 36 trillion Shiba Inu tokens, Robinhood is the third largest Shiba Inu exchange. After the exchanges, there are only Crypto.com and Binance.
source: edition

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