Who is the owner of the largest holder of #DogeCoin?
Maybe @elonmusk.
Even though @bitinfocharts tagged $DOGE's largest holding address as “Robinhood”, I still think it's Elon Musk's address.
1.🧵
Here is some evidence.
2.
Where does the $DOGE of the largest holder comes from?
The largest holder mainly received $DOGE between July 19th and July 21st, and received a total of 41B $DOGE ($6.4B).
3.
The largest holder‘s DOGE came from 5 addresses.
And these 5 addresses’ DOGE mainly came from DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L.
bitinfocharts.com/dogecoin/addre…
4.
Address “DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L” was once thought to be Elon Musk's address.
5.
Elon Musk tweeted on February 10, 2021 that he bought Dogecoins for his son.
And address “DH5ya” had been accumulating $DOGE until February 10.
6.
Elon Musk tweeted “The Dogefather” on April 28, 2021.
At that time, the address "DH5ya" held 36.71B $DOGE, accounting for 28% of the total supply, and was the largest holding address.
7.
Interestingly, the address "DH5ya" received $DOGEs of the same amount for 3 times in February 2021, all 28.061971 $DOGE.
This coincides with Elon Musk's birthday on June 28, 1971.
Is it @elonmusk suggesting this is his own address?
8.
So the largest holder of $DOGE maybe @elonmusk.
Also, he always transfers a large amount of $DOGE before the price of #DogeCoin rises.
He is the largest market maker for #DogeCoin!
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