Robinhood is the third largest holder of Bitcoin with over $3 billion in BTC

Data from Arkham intelligence reveals that investing and trading platform Robinhood (HOOD) holds over $3 billion in bitcoin (BTC) in a single wallet, making it the third-largest bitcoin holder.

Robinhood still falls behind crypto exchanges Binance and Bitfinex, which hold $6.4 billion and $4.3 billion worth of tokens on single wallets respectively.

Robinhood has transferred some 118,300 bitcoin to the wallet from several other smaller wallets over a three-month period, data from Arkham Intelligence reveals.

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