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Whale News: One whale transferred 1.96 million AVAX Coin to exchanges. Two whale addresses withdrew 11.44 million ARB from Binance

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Release: 2024-06-23 07:31:08
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A whale sitting on high profits transferred a total of 5,069 ETH to Binance. And more… News on ARB, ETH, AVAX Coin and 4 altcoins!

Whale News: One whale transferred 1.96 million AVAX Coin to exchanges. Two whale addresses withdrew 11.44 million ARB from Binance

An entity shifted 1.96 million AVAX Coins to a centralized exchange (CEX).

As reported by on-chain detective ZachXBT, a whale withdrew 1.96 million AVAX Coins (around $54.2 million) from Coinbase, Binance and Gate. The detective also shared that the whale withdrew over USD 46 million worth of BTC from Coinbase and Binance.

On the other hand, organization officials said that the website is still being maintained and all assets and cNFP will return to normal once all issues are resolved. In this regard, the protocol warned, “For security reasons, please do not click on unverified links and always be wary of phishing attacks.”

Two whale addresses withdrew a total of 11.44 million ARB Coins from Binance, according to on-chain watchdog The Data Nerd. This amount corresponds to about $9.17 million at current prices.

One whale transferred 3,060 ETH to Binance, according to on-chain observer ‘ai_9684xtpa. The whale “created a position of 52,732 ETH as of September 2023.” Ten minutes before this transfer, the whale shifted 3060 ETH, or about $10.68 million, to Binance. The cost of building a position for this portion of ETH is $2,030 per ETH. If all of it is sold, the profit will be $7.62 million.

Chainlink (LINK) recently saw a staggering 1,453% increase in large trading volume, indicating significant whale activity. This increase in activity raises questions about what might be driving these movements and whether a major price move is on the horizon. According to IntoTheBlock data, ChainLink recorded a 1,453.68% increase in major trading volume, totaling $885.23 million or 62.3 million LINKs in the last 24 hours. Meanwhile, crypto analyst Ali noted that 18.77 million LINK tokens worth approximately $256.20 million were sent to cryptocurrency exchanges in the last 24 hours.

News source:https://www.kdj.com/cryptocurrencies-news/articles/whale-news-whale-transferred-avax-coin-exchanges-whale-addresses-withdrew-arb-binance.html

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source:kdj.com
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