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Home ยป Unidentified Cryptocurrency Whale Withdraws 120 Million Worth of 14 Altcoins from Binance
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Unidentified Cryptocurrency Whale Withdraws 120 Million Worth of 14 Altcoins from Binance

By adminJul. 3, 2024No Comments2 Mins Read
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Unidentified Cryptocurrency Whale Withdraws 120 Million Worth of 14 Altcoins from Binance
Unidentified Cryptocurrency Whale Withdraws 120 Million Worth of 14 Altcoins from Binance
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In a recent turn of events, a newly identified crypto giant has made a massive withdrawal of various altcoins, totaling a staggering $120 million, from the renowned digital currency platform Binance. This transaction was highlighted by the cryptocurrency analytics firm Lookonchain, which noted the anonymous entity’s substantial acquisition of altcoins.

The breakdown of the altcoins acquired by this crypto behemoth is as follows:
– A hefty sum of 40.7 million USDT
– A significant 9,425 units of ETH, valued at $30.15 million
– An impressive 957.77 billion PEPE coins, amounting to $9.84 million
– A total of 583.78 billion SHIB tokens, equivalent to $9.68 million
– 16,192 BNB coins, totaling $9 million
– 58.15 million DOGE coins, worth $6.95 million
– 438,721 RNDR tokens, valued at $3.17 million
– 5.18 million MATIC tokens, amounting to $2.81 million
– 3 million FTM coins, totaling $1.59 million
– 9.49 billion FLOKI tokens, worth $1.56 million
– 104,128 LINK tokens, valued at $1.5 million
– 840,776 FETs, amounting to $1.06 million
– 39,141 AVAX coins, totaling $1.05 million
– 2.76 million GRT tokens, worth $556 thousand

Despite these significant purchases, there has been no notable impact on the value of these altcoins. Data reveals that within the last 24 hours, all altcoins, with the exception of ZK and WLD, have seen a decline in value. Even Bitcoin, the leading cryptocurrency, has experienced a drop of roughly 3.5% during the same timeframe.

The cumulative market capitalization of the cryptocurrency sector has witnessed a decline of 3.53% today, plummeting to a total of 2.22 trillion dollars.

Please note, the information provided here is not intended as investment advice.

For those interested in diversifying their digital asset portfolio, Binance offers a platform to invest in over 300 cryptocurrencies, currently with a 20% commission discount when you sign up through the provided link.

Stay updated with the latest news, analytics, and on-chain data by following our Telegram and Twitter accounts.

**Disclaimer:** The images and proper nouns have been retained as per the original content. The article has been creatively rephrased for a fresh perspective while maintaining the original semantics.

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