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Whale Moves 10M FTM to Binance: Potential $2M Profit | Flash News Detail | Blockchain.News
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12/28/2024 2:41:25 PM

Whale Moves 10M FTM to Binance: Potential $2M Profit

Whale Moves 10M FTM to Binance: Potential $2M Profit

According to The Data Nerd, a crypto whale with the address 0x8be has recently deposited 10 million FTM, valued at approximately $8.17 million, to Binance. This whale had previously accumulated 23.45 million FTM two years ago at an average entry price of $0.618. The current transaction raises questions about whether the whale intends to sell or hold in anticipation of a potential rebranding. If the whale decides to sell, they stand to realize a profit of about $2 million.

Source

The Data Nerd

@OnchainDataNerd

The Data Nerd (On a mission to make onchain data digestible)