- Fresh whales are showing interest in UNI, BLZ, PEPE, and TRB.
- Lookonchain’s revealed those whales are withdrawing tokens from CEXs in large quantities.
- All identified tokens are showing distinctive patterns in price behavior.
Blockchain analytics platform Lookonchain, known for tracking large cryptocurrency transactions, identified a potential trend in the crypto market. In a recent post, Lookonchain revealed that whales using newly minted wallets are accumulating UNI, BLZ, PEPE, and TRB.
Whales/freshwallets bought $UNI, $BLZ $PEPE and $TRB.0x3492 withdrew 870,827 $UNI($8.5M) from #OKX 1 hour ago.https://t.co/fDNkGukDP4
0xe841 withdrew 7.69M $BLZ($2.16M) from #Binance 1 hour ago.https://t.co/dZtkV4i6I0
0x81cC and 0xf226 withdrew 303.4B $PEPE($3.8M) from… pic.twitter.com/wnQ3Gpnng7
— Lookonchain (@lookonchain) June 10, 2024
Lookonchain’s findings show a newly created wallet withdrawing 870,827 UNI tokens (worth $8.5 million) from the OKX exchange. Similarly, another fresh wallet withdrew 7.69 million BLZ tokens (valued at $2.16 million) from Binance.
Lookonchain’s report further highlights significant withdrawals from Centralized Exchanges (CEXs) usin…
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