Latest Update
2026-11-06 19:59 UTC

OnchainLens: Dormant Wallet Moves 1.47M OP to Binance

OnchainLens: Dormant Wallet Moves 1.47M OP to Binance

OnchainLens reports a dormant wallet has resumed routing 1.47 million OP along with other tokens from MEXC to Binance after one year of inactivity, totaling roughly $444.7K in transfers.

Source

Analysis

OnchainLens flagged a wallet at 0x8a0c2434b06185d1d9aa4964eA60f32D733d7878 that woke up after twelve months and shifted tokens from MEXC to Binance. The moves included 405K ASTER worth about $275.5K, 227.27K FF worth $19.7K, and 1.47M OP worth $149.5K.

Price action on the OP 4h chart shows the token trading inside its Bollinger Bands with the upper band at $0.11 acting as immediate resistance while the lower band at $0.10 offers short-term support. The EMA50 sits at $0.11 and the EMA200 at $0.12, locking the structure in a bearish trend, while MACD has printed a death cross and RSI at 40.18 remains neutral. With price testing the upper Bollinger resistance at $0.11 while the 50-EMA and 200-EMA cap upside, a retracement toward the $0.10 lower band appears the next logical step before any sustained recovery attempt.

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