Ethereum

SATS (Ordinals)

SATS

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 One Ethereum (ETH)-based gaming altcoin soared as a crypto whale suddenly moved a massive amount of the project’s tokens off an exchange, on-chain data shows.
 As reported by blockchain tracking firm Lookonchain, layer-2 scaling solution ImmutableX (IMX) shot up 20% as a crypto whale made big moves.
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 “The price of IMX increased by 20% today. We noticed that three wallets (possibly belonging to the same whale) withdrew 4.3 million IMX ($9.6 million) from Binance [Monday]. 
 This whale has six related wallets and currently holds a total of ~40.54 million IMX ($90.8 million).”
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 Source: Lookonchain/X
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 IMX is trading for $1.98 at time of writing, down 3.8% in the last 24 hours.
 Lookonchain also noticed that SATS (Ordinals) is soaring amid a key listing by top global crypto exchange Binance.
 “The SATS price is up ~120% since Binance announced the listing of BRC-20 Sats.
 On-chain data shows that the top 20 holders of SATS hold 333.3T SATS ($150.8 million, 15.90% of the total supply). 
 Six of the top 20 holders obtained SATS through minting, with ~78.57 million SATS ($35.5 million).”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="css-9pa8cd" draggable="true" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GBITWxRbIAAQQeT?format=jpg&amp;name=large" alt="Image" width="1266" height="1172">
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 Source: Lookonchain/X
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 SATS is trading for $0.000000515075 at time of writing, up 123.4% in the last 24 hours.
 Lastly, Lookonchain reported a HashKey-suspected wallet abruptly moved a massive amount of Ethereum onto Binance, suffering a loss.
 “The wallet related to HashKey has deposited a total of 17,108 ETH ($38.1 million) to Binance after the ETH price plummeted, losing more than $2 million.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img loading="lazy" decoding="async" class="css-9pa8cd" draggable="true" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GBHRWJLa0AACAgs?format=jpg&amp;name=4096x4096" alt="Image" width="2112" height="1050">
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 Source: Lookonchain/X
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 Ethereum is trading for $2,187 at time of writing, down 1.4% in the last 24 hours.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ethereum-gaming-altcoin-rallies-as-massive-whale-withdraws-from-binance-on-chain-data-tbt73622.html">https://thebittimes.com/ethereum-gaming-altcoin-rallies-as-massive-whale-withdraws-from-binance-on-chain-data-tbt73622.html</a>

Ethereum Gaming Altcoin Rallies As Massive Whale Withdraws From Binance: On-Chain Data

TheBitTimes

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