- Whale shifts $3.33M in $WLD to Binance, facing a $50K loss.
- WLD’s price dips 10.4%, with its market cap also falling 9.77%.
- Technical indicators suggest an ongoing bearish WLD trend.
In a financial maneuver, a cryptocurrency whale transferred 624,479 $WLD tokens, valued at approximately $3.33 million, into the Binance exchange to mitigate further losses. However, this action resulted in an estimated $50k financial setback.
A whale deposited all 624,479 $WLD($3.33M) accumulated in the past month into #Binance to stop losses, losing ~$50K.He accumulated 624,479 $WLD($3.38M) from #Binance in the past month at an average price of $5.42 and then deposited it into #Binance 4 hours ago.… pic.twitter.com/bz4KNUb5vI
— Lookonchain (@lookonchain) May 14, 2024
As reported by Lookonchain in an X (formerly Twitter) post, the financial activity commenced with the whale buying the tokens, totaling a spend of approximately $3.38 million over the past month.
Lookonchain noted:
He accumulated 624,479 $WLD($3.38M) from #Binance in the past month at an average price of $5.42 and then deposited it into #Binance 4 hours ago.
During this accumulation phase, the tok…
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