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Arkham Investigation Reveals Robinhood Wallet Holds $2.5 Billion in ETH

Arkham Intelligence has revealed that a wallet belonging to Robinhood holds more than $2.5 billion worth of Ethereum (ETH). In a Wednesday tweet, Arkham said the company has identified Robinhood as the owner of the 5th l...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Arkham Investigation Reveals Robinhood Wallet Holds $2.5 Billion in ETH
Arkham Intelligence has revealed that a wallet belonging to Robinhood holds more than $2.5 billion worth of Ethereum (ETH).
In a Wednesday tweet, Arkham said the company has identified Robinhood as the owner of the 5th largest ETH wallet with 1.5 million ETH (worth $2.54 billion). 
The intelligence platform had previously identified Robinhood as the owner of the third-largest Bitcoin (BTC) address, which holds 118,300 BTC ($3 billion)....
Read More: Arkham Investigation Reveals Robinhood Wallet Holds $2.5 Billion in ETH

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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