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UNFI Whale Withdrawals 200K Tokens After It Jumps: On-Chain Data

Published Nov 08, 2023 05:30 Updated Nov 08, 2023 05:45
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UNFI Whale Withdrawals 200K Tokens After It Jumps: On-Chain Data
 
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  • Spot On Chain revealed that a whale withdrew 200K tokens from Binance over the past 24 hours
  • The withdrawal was made shortly after UNFI’s price rose more than 18%
  • At press time, CoinMarketCap indicated that UNFI was up 19.45% and was trading hands at $11.62

The on-chain tracking platform Spot On Chain revealed in an X post published earlier today that a whale withdrew 200,000 Unifi Protocol DAO (UNFI) from Binance in the past 24 hours. According to the post, the amount of tokens withdrawn in the said transaction was collectively worth $2.29 million and were pulled out of Binance after the altcoin’s price surged more than 18%.

Since withdrawing these tokens, the price of UNFI continued to rise. At press time, data from CoinMarketCap indicated that the cryptocurrency was up 19.45% over the past 24 hours. Subsequently, the cryptocurr…

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UNFI Whale Withdrawals 200K Tokens After It Jumps: On-Chain Data
 

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