BNB Whale, Sleeping for Two Years, Awakens! Made $2.3 Million in Sales!

SEC cryptocurrency As it continues to increase its pressure on the industry, it has recently sued leading exchanges Binance and Coinbase.

SEC in this case Binance’s native token Binance Coin (BNB) While claiming that it is a security, these claims caused a decrease of approximately 25% in BNB.

While these are happening on the BNB front, the cryptocurrency platform lookonchain of a whale worth $2.3 million after two years BNBHe said he sold it.

One BNB Stating that the whale has turned some of its BNB holdings into cash after two years of sleep amid ongoing regulatory pressure, Lookonchain said the whale was priced at $230. 10,000 BNB announced it was selling.

Lookonchain said the whale still has 15,000 BNB in ​​its wallet worth about $3.5 million.

“A whale that has been dormant for 2 years sold 10,000 BNB ($2.3 million) today at $230.”

Lookonchain is one of these whales SafeMoon (SAFEMOON) He stated that he had a whale.

Whale sent 10 BNB to Safemoon in June 2021 and received 100T SAFEMOON with these 10 BNBs. These SAFEMOONs totaled 110,000 BNB (47.5 million at the time). Then the whale sold most of SAFEMOON at a high price.

However, the whale held 25,000 BNB after these transactions in June 2021 and has sold 10,000 BNB today.

1/ A whale that has been dormant for 2 years sold 10,000 $BNB ($2.3M) at $230 today.

This whale was a #SAFEMOON whale before and made 110K $BNB ($47.5M at that time) with only 10 $BNB($2,400 at that time) on #SAFEMOON. pic.twitter.com/jxuBJBcWad

— Lookonchain (@lookonchain) June 12, 2023

BNB At the time of writing, it continues to trade at $ 230.

*Not investment advice.