The CEO Who Previously Caused a Decline in Altcoins Did It Again: He Moved Millions to Binance!

The CEO of the popular cryptocurrency project attracted attention with the transfer of millions of dollars for an altcoin.

Simon Kim, CEO of decentralized finance (DeFi) protocol Hashed, values ​​Binance with millions of dollars Axie Infinity (AXS) sent and attracted attention.

Reported by on-chain analysis platform Spot On Chain to your data according to February 2 action on the day Simon Kimabout the cryptocurrency exchange Binance $3.23 million worth 455,831 AXS carried it.

CEO, 2021 since 2.283 million AXS It expanded its investments over time by making acquisitions. But again, in this process, Binance received average 7.54 from dollars $8.81 million worth 1.17 million AXS carrying profit sales also did it. These sales caused a decrease in the AXS price.

Although these sales by Simon Kim created a short-term panic among AXS investors, they did not have much effect on the price. % in the last 24 hours according to CoinGecko data2.1 up exhibiting AXS, at the time of writing from $7.08 is being traded.


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