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Robinhood Is a Bitcoin Whale. What It Means for the Stock.

Por: MarketWatch Business August 29, 2023

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A Robinhood spokesman confirmed in an email the wallet identified by Arkham Intelligence holds Bitcoin on behalf of the firm’s customers. The large holdings underscore that Robinhood has become one of the primary venues for crypto trading in the U.S. They indicate that it has likely been grabbing market share as other players—such as FTX US and Binance.US—have blown up or stepped back from the U.S. market. Robinhood took about 4 percentage... + full article



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