A whale who purchased millions of dollars’ worth of Tellor Tributes made large transfers to Binance in a short time, triggering a 46% drop in the TRB price.
Chinese crypto journalist Colin Wu posted on social media on September 17. in post, 30 AugustAt current price from $23 million 872,600 TRB He stated that a gathering whale had recently taken action.
In total 2.5 from million The slightly excessive supply of TRB can be reduced in a short time. Collecting 34.5% three different wallet linked whales, 4,9 and 15 September 3 times on 100,000 TRB Transferred it to Binance. If it is an address thought to be linked to wallets September 18 on (today) 4.06 million dollar worth 145,000 TRBHe transferred to Binance.
While the TRB price was largely unaffected in previous transfers, from the day the whale started collecting $14.41 from level 212% with rise for $45 increased by . However, the last Binance transfer in question has already been in retreat for a few days. deepening price decline caused.
Wu blockchain, three wallets currently 15.3 million dollar worth 566.9 thousand number of TRBs, which means that the total supply to 23% He emphasized that it coincided with:
There are currently 3 addresses that have withdrawn large amounts of TRB from Binance in the last few days, and they hold 566,920 TRB, which is 23% of the total TRB.
In addition, according to Coinglass data 30 August Tellor Tributes daily trading volume since $67 million from level $295 million rose to the level of . Tellor tributes current daily transaction volume $154 million It was recorded that.
According to Coingecko data, with the whale’s last Binance transfer 22%Tellor Tributes, which has experienced another rise of , has been declining since September 16th. Since the said date, TRB has 45 dollars from level 24 dollars falling to levels more than 46% lost value. TRB, at the time of writing 26.65 dollarIt is traded from.