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Whales Accumulate Chainlink, Pepe and Three Other Altcoins From Binance: Lookonchain

May 7, 2024
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Whales reportedly had a subject day over the weekend, gobbling up hundreds of thousands of {dollars} value of digital belongings from crypto alternate Binance.

Blockchain monitoring agency Lookonchain says that on Saturday, crypto whales withdrew stacks of the decentralized oracle undertaking Chainlink (LINK), meme token Pepe (PEPE), decentralized alternate Uniswap (UNI), stablecoin governance token Maker (MKR) and area naming system Ethereum Title Service (ENS) out of the world’s largest crypto alternate by quantity.

“Whales amassed PEPE, LINK, UNI, MKR and ENS…

0x1A2E withdrew 322.48 billion PEPE ($2.78 million) from Binance [on May 4th].

aavebank.eth withdrew 500,000 UNI ($3.75 million), 183,799 LINK ($2.62 million), 171 MKR ($500,000) and 31,139 ENS ($483,000) from Binance [on May 4th].”

Moreover, Lookonchain finds that web3 funding agency DWF Labs transferred $2 million value of the stablecoin USDC to a multi-sig protected pockets that already holds 10 million Polygon (MATIC) tokens.

Late final month, Lookonchain discovered that two whitelisted wallets printed staggering 30,080x beneficial properties on a meme asset constructed on Base, Coinbase’s Ethereum (ETH) layer-2 scaling resolution.

Whitelisted crypto wallets are addresses which have been accepted to take part in particular crypto occasions, resembling preliminary coin choices (ICOs).

The blockchain monitoring agency famous that the wallets spent 0.034 ETH value $102 to purchase a mixed 172.56 million BRETT (BRETT) in February. They later bought the BRETT for 890.65 ETH value $3.14 million for large beneficial properties.

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Tags: AccumulatealtcoinsBinancechainlinkLookonchainPEPEWhales
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