Recently, various cryptocurrencies seem to have been activated. Seven altcoins in particular are being transferred to the largest cryptocurrency exchanges or moved by whales, according to on-chain data. Here are the details…
BlockTower transfers 6.5 million altcoin projects to Binance
As observed by on-chain data analyst Ember on March 16, the address marked as BlockTower Capital received 9.81 million YGG from the YGG unlock contract, and then transferred 6.5 million YGG (approximately $1.5 million worth) to Binance. BlockTower is one of the investors of YGG. Since July 28, 2021, BlockTower has unlocked and received coins for a total of 15.29 million YGG, of which 1 million were sold through Uniswap and 10.98 million transferred to Binance.
Paradigm transfers 50,000 MKR to Coinbase
On March 16, again, on-chain data analyst Ember observed that the address marked as Paradigm Capital transferred MKR 48,179 to Coinbase, worth approximately USD 36.13 million. Maker (MKR) is the governance token of MakerDAO and Maker Protocol, a decentralized organization and a software platform, respectively, both based on the Ethereum Blockchain, allowing users to issue and manage the DAI stablecoin.
1 小时前，Paradigm Capital（@MetaDockTeam 区块浏览器插件上标签显示）将 48,179 $MKR （$36.13M）转入了 #Coinbase
Paradigm 的这些 MKR 大都来源于 Maker: MultiSig 地址的转入，持有时间也已相当的长：从 2019 至今。
本条推文由 @LionDEX_CN 赞助 pic.twitter.com/xVGuA4rWUM
— 余烬 (@BitcoinEmber) March 16, 2023
Giant whale bought 3.4 million SNX
Again, according to Ember, the giant whale address, which spent 10 million USDC to purchase 3.4 million SNX in the last two days, and today again uses 5 million USDC, has taken action. Whale bought SNX for USDC via AirSwap’s OTC. Whale bought 2.02 million SNX at an average price of $2.46. Also, this address has purchased 5,436,959 SNX in the last three days for an average price of $2.76.
Lookonchain explained: Whale address sent 3 altcoin projects to Binance
A giant whale address transferred 3.43 million LDO (worth approximately $8.2 million) to Binance today, according to Lookonchain data. It then bought 7.28 million AGIX (worth $3.6 million) and 2,824 Ethereum (worth about $4.66 million) from Binance.
A whale swapped $LDO position to $AGIX today.
The whale transferred all 3.43M $LDO ($8.2M) to #Binance, then received 7.28M $AGIX ($3.6M) and 2,824 $ETH($4.66M) from #Binance.
And the whale added $AGIX liquidity on #Uniswap.https://t.co/XhhYi2uhgO pic.twitter.com/jY4WGRAdHH
— Lookonchain (@lookonchain) March 16, 2023
Axie Infinity transfers AXS address to Binance
Finally, according to Web3 infographic protocol 0xscope, the address belonging to the Axie Infinity team transferred 400,000 AXS (about $3.19 million) to Binance again a few hours ago. cryptocoin.com As we have also reported, Axie Infinity is a blockchain-based wargame partially owned and operated by its players. A certain part of AXS’s supply is released on predetermined dates, that is, the unlocking takes place. The team’s AXS transfer may also be related to this.
