Is the Post-SEC-Binance Litigation an Opportunity? Big Whales in Action!

0

Following the SEC’s lawsuit against Binance BNB especially bitcoin And cryptocurrenciesWhile there were consecutive decreases, there were also big exits from the stock market.

In addition to these ups and downs, some big investors also took advantage of these declines.

Popular cryptocurrency platform lookonchain in his share today, important and large investors USD Coin (USDC) and Tether (USDT) He said he invested and made some purchases.

Lookonchain one of them is one of the important market maker companies Cumberland stated that.

Accordingly, it drew 67.9 million USDC from Cumberland Circle and coinbaseinvested 67.1 million USDC in .

outside Cumberand FlaconX and FBG Capital also invested USDC and USDT on the stock market.

Bought 37 million USDC from FalconX Circle Binance’e invested 29.5 million USDC, while FBG Capital invested 44 million USDT in Binance.

“There is a lot of FUD on the market while Binance is affected by the SEC lawsuit.

However, we noticed that some institutions, whales, seem to be buying from the bottom.

Following the news of the SEC’s lawsuit against Binance, it withdrew 67.9 million USDC from Cumberland Circle and deposited 67.1 million USDC in Coinbase.

FalconX bought 37 million USDC from Circle and invested 29.5 million USDC in Binance.

FBG Capital invested 44 million USDT in Binance.

A whale who is good at buying low and selling high also deposited 15.9 million USDT on Binance and drew 8,800 Ethereum. The average ETH purchase price is $1,808.

The whale with the address “0x3eC9” also pulled 703,871 USDC and 2,641,144 USDT from Aave. He then bought 1,848 ETH (worth $3.35 million) at an average price of $1,810.”

*Not investment advice.

For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price tracking right now by downloading our apps!


source site-4