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Coinbase Exodus: Whale Moves Millions in ONDO and Jasmy Coin JASMY

Published 06/14/2024, 07:12 PM
Updated 06/14/2024, 07:45 PM
Coinbase Exodus: Whale Moves Millions in ONDO and Jasmy Coin JASMY
COIN
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  • A major whale withdraws millions in ONDO and Jasmy tokens from Coinbase (NASDAQ:COIN).

  • The movement comes amid JASMY crashing by over 17% in the past week.

  • Speculation points to eToro as the entity behind the transactions.

Major investors in real-world asset tokenization projects like Ondo Finance (ONDO) and Jasmy Coin (JASMY) have recently made significant withdrawals from the cryptocurrency exchange Coinbase, signaling a potential shift in market sentiment despite recent losses.

Through an update on X platform, crypto-surveillance service “The Data Nerd” drew attention to significant movements of ONDO and JASMY tokens from the U.S.-based exchange Coinbase. Using data from Arkham Intelligence, the market watcher revealed that a whale recently transferred 1.5 million ONDO tokens, valued at approximately $1.93 million, to cold storage.

At the same time, the data indicated that the investor similarly moved 120 million JASMY tokens, valued at around $4.31 million, from Coinbase.

The post Coinbase Exodus: Whale Moves Millions in ONDO and Jasmy Coin JASMY appeared first on Coin Edition.

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