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<ul><li>Lookonchain revealed earlier today that an address deposited millions of USDT to Binance.</li><li>The analysis firm believes the address could be gearing up to buy altcoins at the market bottom.</li><li>ADA, MATIC, and SOL all suffered price drops of more than 20% over the past day.</li></ul><p>The on-chain analysis firm, Lookonchain, shared a post on <a href="https://twitter.com/lookonchain/status/1667409857249701889?t=tqZNit7xTrgGObOvKvIzlg&amp;s=19" rel="noopener noreferrer nofollow">Twitter</a> this morning about a particular smart money investor that has made it a habit to make big moves during big crypto events or selloffs. According to the post, the address called “smartestmoney” deposited more than 12 million USDT into Binance after the price of altcoins dropped.</p><p><a href="https://coinedition.com/smart-money-investor-prepares-to-utilize-altcoin-market-downturn/" rel="noopener noreferrer nofollow">See the Original On CoinEdition</a></p>

Smart Money Investor Prepares To Utilize Altcoin Market Downturn

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