The development means that the

Robinhood’s Dogecoin holdings have fallen from the steady supply of 24% to 16% after data tracking platform DogeWhaleAlert spotted massive withdrawals of DOGE.

Robinhood Moves 8% of Dogecoin Supply to New Wallet, Fueling

The development means that the supply of DOGE Robinhood held in its wallets, which was once holding steady at around 24%, has plunged to 16% following

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Popular commission-free trading platform Robinhood has, according to data from the blockchain, moved around 8% of the supply of the meme-inspired cryptocurrency

For quite a long time, the amount of Dogecoins stored by popular brokerage Robinhood has held steady at 24% of the circulating supply of the meme coin. However

DOGE price plummets after huge transfer to Robinhood

According to Dogecoin Whale Alert

DOGE's Stash of Robinhood Falls to 16% of Circulating

According to Dogecoin Whale Alert, the current total combined amount of DOGE held by Robinhood on behalf of its investors is a staggering 33,562,118,437, equivalent to

A colossal sell-off to Robinhood shakes up Dogecoin’s price as DOGE trading volumes fall steeply on Derivatives and Spot crypto markets.

Robinhood Moves 8% of Dogecoin ($DOGE) Supply To New

DOGE's Stash of Robinhood Falls to 16% of Circulating Supply

108M DOGE Dump On Robinhood Sends DOGE Price Plummeting

Towards the end of the

Robinhood Holds Over $2.7B In Dogecoin, Representing 24% of

Robinhood's Dogecoin Reserve Drops After Withdrawal Of 5.7B

Towards the end of the day, Dogecoin suddenly dropped by almost 8 percent of its previous price. This 2.02% percent has also made a rebound, but the large drop once