Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

BlackRock meets SEC Crypto Task Force to discuss tokenization, ETP rules

2025-05-09

Agi Open Network Partners with AI Sim for Smarter, faster AI agents

2025-05-09

What Is Proof-of-Stake (PoS)? A Beginner’s Guide

2025-05-09
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Agi Open Network Partners with AI Sim for Smarter, faster AI agents

    2025-05-09

    Hela Labs to redefine decentralized data possession in collaboration with Insight Genesis

    2025-05-09

    Hashkey chain reveals the puzzle game of the chains in the chains in collaboration with Zypher Network

    2025-05-09

    Superstate is spreading to Tokenized shares; Sol -Strategies to mention first

    2025-05-09

    What are Babydoge -Properties?

    2025-05-09
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Trader says that the market is ready for a strong reversal after Bullish Move – here is his target for Ethereum and Altcoins

    2025-05-09

    Crypto analyst says the XRP price must remedy this level or risk fries to $ 1.9

    2025-05-09

    Trader says Bitcoin on CUSP to break out from Beerarish market structure, sketches path to new multi-month high

    2025-05-09

    XRP – Price breaks through obstacles – could a bullish peak follow?

    2025-05-09

    Bitcoin whales and sharks stored $ 7,890,599,380 in BTC in just six weeks, says Analytics platform – this is what it means

    2025-05-09
  • Learn

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02

    What Are Utility Tokens? Types, Roles, Examples

    2025-04-17
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Robinhood holds over $3B in Bitcoin, ranks alongside Binance and Bitfinex’s biggest wallets
Analysis

Robinhood holds over $3B in Bitcoin, ranks alongside Binance and Bitfinex’s biggest wallets

2023-08-29No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

According to a report by Arkham Intelligence published around Aug. 27, Robinhood allegedly holds more than $3 billion of Bitcoin in a single address

Those findings show that Robinhood holds 118,300 BTC of Bitcoin (BTC), which is valued at $3.07 billion and is stored in an address beginning with “bc1ql.”

That address was active as recently as today. Though its recent transactions are small, the wallet’s balance has grown significantly since mid-May, when it held just over $5,400 in Bitcoin. The address’ balance began to grow soon after that: by May 25, it held about $1.4 billion in Bitcoin, and by June 18, it held $3 billion in Bitcoin.

The funds in the address are custodied with Jump Trading, a Chicago-based trading firm known to power Robinhood’s crypto trading features.

Robinhood has not confirmed or denied that it owns the Bitcoin address in question, nor has it commented publicly on the matter. The company did not respond to CryptoSlate’s request for comment by press time.

Robinhood wallet ranks third overall

Robinhood’s address is the third-largest Bitcoin wallet overall, according to data from Bitinfocharts. The two largest addresses belong to other crypto exchanges: the largest holds 248,597 BTC ($6.5 billion) and belongs to Binance, while the second-largest address holds 178,010 BTC ($4.6 billion) and is held by Bitfinex. However, each company’s actual crypto holdings are higher as each holds multiple wallets.

Robinhood’s wallet also measures up to purchases made by major corporate investors. Microstrategy, which has made Bitcoin investing a key part of its portfolio, held $4.6 billion in Bitcoin in late June. However, these investments may be of a different nature: whereas Microstrategy has bought Bitcoin for its balance sheet, Robinhood’s holdings may instead represent cryptocurrency that it holds on behalf of its customers.

See also  Major Bitcoin Collapse in the Next Two Weeks, Says Trader Nicholas Merten – Here Are His Targets

Robinhood previously reported its broader crypto holdings as part of its quarterly earning results. The company said it had $11.5 billion of assets related to user cryptocurrency safeguarding obligations as of June 30, 2023.

It is unclear where the remainder of those assets are held and to what extent that $11.5 billion total is made up of cryptocurrencies other than Bitcoin.

The post Robinhood holds over $3B in Bitcoin, ranks alongside Binance and Bitfinex’s biggest wallets appeared first on CryptoSlate.

Source link

Biggest Binance Bitcoin Bitfinexs holds ranks Robinhood Wallets
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Trader says that the market is ready for a strong reversal after Bullish Move – here is his target for Ethereum and Altcoins

2025-05-09

Bitcoin beats Amazon to become the world’s 5th most valuable possession

2025-05-09

Bitcoin (BTC) and the general crypto-market capitalization jump while US President Donald Trump rolls out after the Tariffs UK Trade Deal

2025-05-09

Crypto analyst says the XRP price must remedy this level or risk fries to $ 1.9

2025-05-09
Add A Comment

Comments are closed.

Top Posts

Bitcoin Price Grinds Lower and Turns Vulnerable If It Struggles Below $30K

2023-08-14

Michael Jordan is now worth $3.5B, richer than the entire NFT market

2023-08-30

Top Trader Predicts Impending Bitcoin (BTC) Rally to $50,000 – But There’s a Big Catch

2024-01-09
Editors Picks

EU regulator insists on new capital rules for European insurers who hold crypto assets

2025-03-30

Microsoft Shareholders Say NO to Bitcoin Due to Volatility Concerns

2024-12-11

Top 10 NFT collections per activity last week

2025-02-17

Vitalik Buterin praises Soneium as a transparent demonstration of L2 capabilities

2025-01-17
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

BlackRock meets SEC Crypto Task Force to discuss tokenization, ETP rules

Agi Open Network Partners with AI Sim for Smarter, faster AI agents

What Is Proof-of-Stake (PoS)? A Beginner’s Guide

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,957.98-0.12%
  • ethereumEthereum(ETH)$2,340.186.65%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.341.03%
  • binancecoinBNB(BNB)$666.516.10%
  • solanaSolana(SOL)$172.585.62%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2051184.03%
  • cardanoCardano(ADA)$0.781.52%
  • tronTRON(TRX)$0.2599601.10%
  • suiSui(SUI)$3.94-1.93%
  • chainlinkChainlink(LINK)$15.991.14%
  • avalanche-2Avalanche(AVAX)$23.235.28%
  • stellarStellar(XLM)$0.2952141.96%
  • shiba-inuShiba Inu(SHIB)$0.0000154.78%
  • hedera-hashgraphHedera(HBAR)$0.2021273.76%
  • hyperliquidHyperliquid(HYPE)$24.726.36%
  • the-open-networkToncoin(TON)$3.282.21%
  • bitcoin-cashBitcoin Cash(BCH)$410.09-2.76%
  • unus-sed-leoUNUS SED LEO(LEO)$8.75-1.09%
  • litecoinLitecoin(LTC)$100.375.99%
  • polkadotPolkadot(DOT)$4.797.72%
  • moneroMonero(XMR)$315.525.58%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.7415.51%
  • bitget-tokenBitget Token(BGB)$4.44-1.48%
  • pepePepe(PEPE)$0.00001210.77%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$6.354.43%
  • bittensorBittensor(TAO)$429.501.87%
  • nearNEAR Protocol(NEAR)$2.906.18%
  • aptosAptos(APT)$5.561.49%
  • okbOKB(OKB)$55.124.45%
  • aaveAave(AAVE)$210.983.00%
  • ondo-financeOndo(ONDO)$1.003.12%
  • ethereum-classicEthereum Classic(ETC)$19.183.49%
  • internet-computerInternet Computer(ICP)$5.444.29%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.1913.27%
  • kaspaKaspa(KAS)$0.1046945.66%
  • gatechain-tokenGateToken(GT)$22.271.04%
  • crypto-com-chainCronos(CRO)$0.1013963.20%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2520970.75%
  • mantleMantle(MNT)$0.771.70%
  • vechainVeChain(VET)$0.0299504.76%
  • render-tokenRender(RENDER)$4.975.81%
  • ethenaEthena(ENA)$0.3672848.22%
  • usd1World Liberty Financial USD(USD1)$1.000.11%
  • filecoinFilecoin(FIL)$3.023.27%
  • algorandAlgorand(ALGO)$0.2319953.33%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.836.13%
  • bitcoinBitcoin(BTC)$102,957.98-0.12%
  • ethereumEthereum(ETH)$2,340.186.65%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.341.03%
  • binancecoinBNB(BNB)$666.516.10%
  • solanaSolana(SOL)$172.585.62%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2051184.03%
  • cardanoCardano(ADA)$0.781.52%
  • tronTRON(TRX)$0.2599601.10%
  • suiSui(SUI)$3.94-1.93%
  • chainlinkChainlink(LINK)$15.991.14%
  • avalanche-2Avalanche(AVAX)$23.235.28%
  • stellarStellar(XLM)$0.2952141.96%
  • shiba-inuShiba Inu(SHIB)$0.0000154.78%
  • hedera-hashgraphHedera(HBAR)$0.2021273.76%
  • hyperliquidHyperliquid(HYPE)$24.726.36%
  • the-open-networkToncoin(TON)$3.282.21%
  • bitcoin-cashBitcoin Cash(BCH)$410.09-2.76%
  • unus-sed-leoUNUS SED LEO(LEO)$8.75-1.09%
  • litecoinLitecoin(LTC)$100.375.99%
  • polkadotPolkadot(DOT)$4.797.72%
  • moneroMonero(XMR)$315.525.58%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.7415.51%
  • bitget-tokenBitget Token(BGB)$4.44-1.48%
  • pepePepe(PEPE)$0.00001210.77%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$6.354.43%
  • bittensorBittensor(TAO)$429.501.87%
  • nearNEAR Protocol(NEAR)$2.906.18%
  • aptosAptos(APT)$5.561.49%
  • okbOKB(OKB)$55.124.45%
  • aaveAave(AAVE)$210.983.00%
  • ondo-financeOndo(ONDO)$1.003.12%
  • ethereum-classicEthereum Classic(ETC)$19.183.49%
  • internet-computerInternet Computer(ICP)$5.444.29%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.1913.27%
  • kaspaKaspa(KAS)$0.1046945.66%
  • gatechain-tokenGateToken(GT)$22.271.04%
  • crypto-com-chainCronos(CRO)$0.1013963.20%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2520970.75%
  • mantleMantle(MNT)$0.771.70%
  • vechainVeChain(VET)$0.0299504.76%
  • render-tokenRender(RENDER)$4.975.81%
  • ethenaEthena(ENA)$0.3672848.22%
  • usd1World Liberty Financial USD(USD1)$1.000.11%
  • filecoinFilecoin(FIL)$3.023.27%
  • algorandAlgorand(ALGO)$0.2319953.33%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.836.13%