According to the data received, a ANKR by the whale to Binance $1.22 million A large transfer of ANKR tokens worth . Anonymous user, price on January 30 0.025 It bought 29 million ANKR tokens when it was full, and has now transferred all 29 million tokens to Binance.
ANKR Whale Makes a Loaded Transfer to Binance
This indicates that the owner may be planning to sell ANKR holdings and make a profit that could reach almost $500,000.
The move has sparked curiosity and speculation among ANKR investors, who are watching the token price closely for signs of a potential sell-off.
As it is a relatively voluminous coin, transferring such a large amount of tokens to a major exchange like Binance could potentially lead to a drop in token price in the short term as selling pressure builds up.
However, it should be noted that this is not always the case and the price of ANKR may not be significantly affected by the whale’s actions.
ANKR is a relatively new token that has gained popularity in the decentralized finance (DeFi) space. It is used to power a blockchain platform that allows users to set up and run their own node infrastructure.
The project aims to make it easier for developers and businesses to access blockchain technology and build decentralized applications.
Overall, the transfer of 29 million ANKR tokens to the exchange by a whale could have significant effects on the token price in the short run. However, it is still unclear how the market will react to the whale’s actions and whether this will lead to the sale of ANKR tokens.
At the time of this writing, ANKR was trading at $0.04932.
*Not investment advice.
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