According to Lookonchain, whale address 0x3610 deposited 3.26 million MASK tokens, valued at $6.1 million, into Binance five hours ago after holding for one month and realizing a $2 million profit. This large deposit could increase MASK token liquidity on Binance and may signal potential short-term price volatility as significant holdings move to exchanges. Traders should closely monitor MASK order books and price action for possible sell pressure or high-volume trading opportunities. Source: Lookonchain via Twitter, intel.arkm.com.

According to @lookonchain, after MASK experienced a 52% flash crash from $3.68 to $1.77 between 00:00 and 02:35, a single address transferred 3.26 million MASK tokens (worth $6.1M and 3.26% of total supply) into Binance for profit-taking, realizing a $2.01M gain. These tokens were withdrawn from Binance 28 days ago at a price of $1.25 per MASK. This large-scale transfer and sell-off highlight significant whale activity and short-term profit strategies, signaling potential volatility and liquidity risks for MASK traders in the near term. The event underscores the importance of monitoring on-chain whale movements for risk management in altcoin trading. Source: @lookonchain

According to AltcoinGordon on Twitter, a new token has been identified as a potential successor to $MASK. While specific details about the token are not disclosed in the tweet, the mention has increased trader attention toward DeFi and privacy-related altcoins. Historically, $MASK has experienced significant trading volume spikes following social media endorsements, which often leads to short-term price volatility and increased liquidity in related tokens (source: @AltcoinGordon, May 31, 2025). Crypto traders should monitor trending tokens in the DeFi and privacy sector closely, as social media-driven momentum can present short-term trading opportunities.