The Graph

Coin

<ul class="news-points">
 <li><strong>At press time, GRT was up more than 9% and was trading at $0.1004 as a result.</strong></li>
 <li><strong>Lookonchain revealed graph.eth sent 50M GRT to Binance after its price increased.</strong></li>
 <li><strong>According to the post, graph.eth’s previous large transfer caused GRT’s price to rise.</strong></li>
</ul>
<p>The on-chain tracking platform Lookonchain revealed in an X (formerly Twitter) post earlier today that graph.eth deposited <a href="https://coinedition.com/the-graph-grt-price-prediction/" rel="noopener noreferrer nofollow">50 million The Graph (GRT) tokens</a> to Binance. According to the post, this deposit took place after the price of the altcoin increased. Interestingly, graph.eth sold a large amount of GRT between December 15, 2022, and February 7, 2023, which was during GRT’s rise.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">graph.eth deposited 50M <a href="https://twitter.com/search?q=%24GRT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$GRT</a>($5M) to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> after the price of <a href="https://twitter.com/search?q=%24GRT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$GRT</a> increased.<br><br>graph.eth last sold a large amount of <a href="https://twitter.com/search?q=%24GRT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$GRT</a> between Dec 15, 2022 and Feb 7, 2023, which was also during the rise of <a href="https://twitter.com/search?q=%24GRT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$GRT</a>.<a href="https://t.co/yZE9mED26E" target="_blank" rel="noopener noreferrer nofollow">https://t.co/yZE9mED26E</a> <a href="https://t.co/Sc0mmOE9Qj" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/Sc0mmOE9Qj</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1717377796656488729?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 26, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>At press time, <a href="https://coinmarketcap.com/currencies/the-graph/" target="_blank" rel="noopener noreferrer nofollow">GRT</a> seems to have continued to rise, as it was up 9.47% and was trading at $0.1004 as a result, according to CoinMarketCap. Along with the increase in price over the past 24 hours, GRT also recorded a fair increase of 7…</p>
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/50m-grt-deposited-to-binance-causing-its-price-to-jump/">50M GRT Deposited to Binance, Causing Its Price to Jump</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

50M GRT Deposited to Binance, Causing Its Price to Jump

Coin Edition

Other articles published on Oct 26, 2023

Meta’s Q3 Earnings Beat Expectations, but Uncertainty Looms for 2024

Gary Gensler teases details of SEC's $5 billion take from enforcement actions, shades crypto

HBAR Price Analysis: Will HBAR Give A Breakout For A 50% Hike?

Bitcoin-related stocks reach fresh multiweek highs as a result of a jump in price.

Crypto Billionaires: Are These Cryptocurrencies an Opportunity that Will Not Be Affected by Lawsu...

Grayscale Bitcoin Trust (GBTC) Soars with 220% Gain in 2023; Nvidia Left Behind

Join our free newsletter for daily crypto updates!