After the SEC’s lawsuit against Binance, the wavelength rose in Bitcoin and altcoins.
While some whales are buying the fear, some institutional players are selling their altcoins to escape the sphere of influence of the SEC lawsuit.
US stock exchange Nexo, which provides crypto custody services to institutional investors, gave Binance 12.22 million dollars worth 7.9 million dollars 3 hours ago. MATIC sent.
While the reason for the transfer reported by Lookonchain is unknown, it is considered that such heavy transfers sent to central exchanges may be sales-oriented.
8.9 million already in Nexo’s wallets MATIC exists.
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