Dynamic events in the cryptocurrency market continue to attract the attention of altcoin investors. Recently, transactions made by giant names in 9 altcoins, including WLD and BLUR, have attracted attention. Because, when funds accumulate in the stock markets, there may be a selling intention behind these transactions. Here are the details…
Watch out for WLD and these 8 altcoins: Heading to exchanges
Sales accelerated after BLUR airdrop
On November 25, Lookonchain revealed that jaypegpowell.eth received the second largest share of Blur’s second season airdrop. The buyer successfully deposited 19.9 million BLUR tokens (approximately $11.8 million) to OKX for sale at an average selling price of $0.44. Following the sale, jaypegpowell.eth will receive an estimated $8.77 million. Additionally, according to @ai_9684xtpa, the largest recipient of Blur’s second quarter airdrop, hanwe.eth, deposited 1,000 ETH worth $2.07 million to Bybit on November 25.
Justin Sun transfers XVS and various stablecoins to Binance
Justin Sun, tracked by Scopescan, recently removed liquidity from multiple trading pairs on stablecoin trading platform SUN.IO in the TRON ecosystem. Additionally, Sun transferred a significant amount of stablecoins (22.32 million USDT, 3.03 million USDC, 3.16 million TUSD) from Binance to an address. This address became “TPyjyZfsYaXStgz2NmAraF1uZcMtkgNan5”.
Additionally, according to The Data Nerd’s observations, 16 hours ago a whale address starting with 0x456 (linked to Justin Sun) canceled its stake of 600,200 XVS (equivalent to $4.31 million). He then deposited the entire amount to Binance. Over the past 3 weeks, the whale has deposited a total of 698,000 XVS ($5.01 million) on the trading platform.
RLB and WLD transactions attracted attention
On the other hand, Scope Scan reported that a whale address starting with 0x915 sold 13 million RLB at an average price of $0.175 about 12 hours ago. This move caused a 6.3% drop in the RLB price. The whale reportedly sold a total of 30.4 million RLB, exchanged it for 5.536 million USDC, and then deposited the USDC to Kraken.
Additionally, Ember detected significant transfers by WLD market makers. Wintermute transferred 550,000 WLD to Binance, Auros Global transferred 500,000 WLD to Gate, and Flow Traders transferred 400,000 WLD to Binance, for a total of 1.45 million WLD (approximately $3.94 million).
Spark Digital deposits SUPER to Binance
Lookonchain reported that two wallets labeled Spark Digital Capital deposited a total of 1.93 million SUPER ($784,000 worth) to Binance in the last 3 days. This follows the previous transfer of 999,874 SUPER from Binance on August 13, 2022, at an average price of $0.18. The cryptocurrency market continues to exhibit dynamic movements, and these strategic transactions from leading addresses contribute to the evolving landscape. Investors and enthusiasts of WLD and the aforementioned altcoins continue to pay attention to further developments in this fast-paced environment.
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