The Web3 encryption protocol Mask Network (MASK) team sent a large amount of tokens to Binance, causing panic among investors.
On-chain analytics platform Lookonchain according to his post about 3 million dollars worth 850 thousand MASK The cryptocurrency exchange has been withdrawn to Binance. Investors and analysts believe that this transaction is intended to sell. By Mask Network team claimed to have been done.
After the team’s realization of this transaction, the price of MASK 15%There was a decrease of more than . According to the data, the said 850 thousand MASK transactions two different wallets It was done by sending.
On the other hand, wallets with large amounts of MASK addresses past activities When examined, it can be seen that behind the remarkable rise of MASK in the last days. serious manipulations it’s coming out. We covered one of these manipulations in our news recently.
on March 5 from $3.12 priced MASK, within 2 days 35% increasing $4.21 rose up. According to analysts, this rise Binance, OKX, Kucoin from exchanges such as More than 3.6 million MASKIt happened after it pulled the .
According to CoinGecko data, after these wallet activities 15.47% depreciating MASK, $3.75 to $3.17 as much as it declined. MASK at the time of writing the news from $3.25 is being traded.