Two institutional cryptocurrency companies deposited $12.2 million in altcoins to Binance.
On-chain analytics platform Lookonchain made a statement on Twitter on March 12. to share According to the total of two institutions 12.2 million dollar dYdX (DYDX) He deposited it to Binance.
First in the day Three Arrows Capital (3AC) managing the liquidation process Teneo The company named Binance $4.04 million worth 991 thousand DYDX carried it. Currently available to the company 7.44 out of $30.45 million million DYDX is available.
On the other hand, within $5.2 billion Pantera Capital, a cryptocurrency-focused investment company that owns approximately After 3 hours He took action and transferred DYDX to Binance.
Pantera Capital, in total 8.13 million dollar worth 1.99 million DYDX sent it to the stock market.
According to CoinGecko data, there is a general withdrawal in altcoins. In parallel, DYDX price has increased in the last 24-hour period. 4.6% down for $3.93 declined.