DH5ya Address Wallet Owner Puzzles Have 36.7 Billion DOGE

Most Dogecoin owners (Business Insider)

JAKARTA – Dogecoin (DOGE) has been a hot topic in recent days. Dogecoin enthusiasts have questioned the ownership of dh5ya address wallet which is rumored to have 36.7 billion DOGE.

The owner of the address is rumoured to have collected 797 Dogecoins in one week and 3,755 over the past month. Some Dogecoin enthusiasts speculate that the DH5ya address belongs to whales or whales, a term in the crypto world regarding the largest ownership of cryptocurrencies.

Another DOGE fan thought it was an address wallet owned by Tesla and SpaceX boss Elon Musk. Because, Musk often tweeted the crypto money for a long time. Tweets about Dogecoin are still ongoing to this day. Elon Musk's tweets usually affect DOGE price increases.

While others consider that the address is a storage area that exists on the robinhood cryptocurrency trading platform. This was immediately responded to by Robinhood's boss.

Speculation is rife that has further obscured ownership of dh5ya address wallets. DH5ya is believed to be a cold wallet on the Robinhood exchange. But until now the mystery of Dogecoin's ownership is still shrouded in mystery.

According to Bitcoin.com report, Robinhood CEO Vlad Tenev dismissed the speculation. He claimed to only give access to customers for ownership of the cryptocurrency.

"We don't have a significant position in any coin that we keep on the basis of ownership or anything like that," Tenev said.

The skyrocketing price of Dogecoin since the beginning of 2021 has made the cryptocurrency even more phenomenal. Dogecoin created from the joke is no longer a cryptocurrency that deserves to be a laughing stock. DOGE has reached an all-time high of 0.73 US dollars (around Rp 10,488) some time ago.

Currently the cryptocurrency market is in decline due to China's policy of banning cryptocurrency transactions, coupled with the Exchange and Securities Commission's (SEC) victory in its fight against Ripple (XRP) at the green table. This negative sentiment weakens the price of cryptocurrencies.

When this news was written at 17:52, the price of Dogecoin was in the range of Rp 5,132. DOGE is ranked 6nd in cryptocurrency by market capitalization as coinGecko reports on Saturday, May 22.