In the dynamic world of cryptocurrency, significant movements in crypto assets often attract the attention of investors and enthusiasts alike. Today, we are bringing you updates on notable transactions and movements in the cryptocurrency market, including coins such as SOL, ILV…
IOSG Ventures is liquidating its assets
According to Lookonchain tracking data, IOSG Ventures, a leading player in the crypto industry, appears to be liquidating a significant portion of its crypto assets. As flagged by Nansen, two addresses associated with IOSG Ventures recently deposited significant amounts of money. Details of deposits are as follows:
- 1543 ETH ($2.9 million)
- 352,242 UNI (worth approximately $169 million)
- 3.95 million 1INCH (equivalent to $1.3 million)
- 270,794 C98 (about $49,000)
Luggis.eth sells ILV: Price dropped
In another notable development, the crypto community is closely monitoring the actions of a whale known as luggis.eth. About 12 hours ago this whale made a significant ILV dump, selling 20,000 Illuvium (ILV) at a price of $70.29, for a total value of $1.41 million. This sell-off led to an immediate 8% drop in the ILV price. What’s even more interesting is that this isn’t the first time luggis.eth has impacted the ILV market. The same whale sold 15.9 thousand ILV worth 1.16 million dollars for 1.956 ETH on July 1, 2022. This previous transaction also had a significant impact, causing a 9% drop in the ILV price.
As of now, there are still 14,609 ILV tokens on luggis.eth worth $1.07 million. Cryptocurrency enthusiasts are following this address closely, eagerly awaiting its next moves and its potential effects on the ILV market.
Big SOL transfers attracted attention
Finally, an important development regarding the Solana Blockchain has come to the fore. The development was brought to the agenda in a PeckShield post regarding a transaction made from an address labeled FTX. This address transferred approximately 750,000 SOL tokens with an estimated value of approximately $31 million. Target addresses included 4Axqyo…wTAh and Binance. The Binance account received 250,000 SOLs, worth approximately $110.4 million.
Such large-scale transfers within the Solana network raise questions about the intentions and strategies of the parties involved. Solana enthusiasts and traders follow these transactions closely as they have the potential to impact the Solana ecosystem and market dynamics. These latest developments in the ever-evolving world of cryptocurrency are a reminder of the constant fluctuations and surprises that this market can bring. As always, it is crucial that attendees stay informed and make the right decisions based on the latest data and trends.
To be instantly informed about the latest developments, contact us Twitter’in, Facebookin and InstagramFollow on . Telegram And YouTube Join our channel.