🤔 This week: TSLA Q3 earnings report - is now the right time to buy the EV giant?Explore TSLA Data

TRB Surges Amidst Massive Withdrawals Nearing 50% of Total Supply

Published 10/25/2023, 04:14 PM
Updated 10/25/2023, 04:15 PM
TRB Surges Amidst Massive Withdrawals Nearing 50% of Total Supply
BTC/USD
-

  • Lookonchain reported fresh wallets’ massive withdrawal of Tellor’s TRB tokens.
  • Since August 25, a total of 22 wallets have accumulated 1,185,269 TRB, worth $111.4 million.
  • The current holdings of these wallets constitute 46.7% of the total TRB tokens in circulation.

Tellor’s TRB token has drawn attention recently as whales continue to move it around in massive transactions. Lookonchain, a leading web3 analysis platform, recently revealed that newly created wallets have accumulated and withdrawn an enormous amount of TRB from Binance and other exchanges. According to the data, a total of 22 fresh wallets have accumulated nearly 50% of the total supply of TRB tokens since August 25, at an average price of $42.

They have since withdrawn from exchanges 1,185,269 TRB worth $111.4 million, constituting 46.7% of the tot…

The post TRB Surges Amidst Massive Withdrawals Nearing 50% of Total Supply appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.