Recent activity in the crypto wallet sector has sparked considerable interest among market observers. According to Lookonchain, a leading platform for on-chain analytics, two distinct wallets recently withdrew significant sums from Binance, totaling over $120 million and $69.56 million respectively. This development was disclosed by the analytics firm via their official X social media account.
One of these wallets made withdrawals involving various digital assets, prominently including $USDT as the top token, amounting to nearly $40.7 million. Additionally, it withdrew 9,425 $ETH, valued at approximately $30.15 million.
In a separate instance, another new wallet withdrew assets exceeding $120 million from Binance just two hours prior. This withdrawal included:
– $40.7 million in $USDT
– 9,425 $ETH ($30.15 million)
– 957.77 billion $PEPE ($9.84 million)
– 583.78 billion $SHIB ($9.68 million)
– 16,192 $BNB ($9 million)
– 58.15 million $DOGE ($6.95 million)
– 438,721 $RNDR ($3.17 million)
– 5.18 million $MATIC ($2.81 million)
– 3 million $FTM ($1.59 million)
– And more.
Furthermore, another wallet withdrew 1,162 $BTC, amounting to $69.56 million, while a significant institutional buyer purchased an identical quantity of $BTC. The wallet also dealt in $FLOKI tokens worth $1.56 million, $LINK tokens valued at $1.5 million, and acquired $AVAX and $GRT tokens valued at $1.05 million and $556,000 respectively.