Coin

<ul class="news-points"> 
 <li><strong>Lookonchain has observed an ongoing dump of YGG tokens by investors.</strong></li> 
 <li><strong>Significant amounts of YGG were transferred by investors to centralized exchanges.</strong></li> 
 <li><strong>The nature of the transfers suggested an imminent YGG dump after a recent price rally.</strong></li> 
</ul> 
<p>Lookonchain, the smartmoney on-chain platform, has observed an ongoing dump of YGG tokens by investors. In a recent tweet, the crypto on-chain data platform noticed significant YGG transfers into centralized exchanges. The nature of the transfers suggested an imminent YGG dump after a recent price rally.</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">Investors continue to dump <a href="https://twitter.com/search?q=%24YGG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$YGG</a>!<br><br>Youbi Capital deposited 1M <a href="https://twitter.com/search?q=%24YGG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$YGG</a>($613K) to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> 9 hrs ago and currently holds 11.6M <a href="https://twitter.com/search?q=%24YGG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$YGG</a>($7.11M).<a href="https://t.co/mISJd4Mya0" target="_blank" rel="noopener noreferrer nofollow">https://t.co/mISJd4Mya0</a><br><br>Sfermion claimed 1.2M <a href="https://twitter.com/search?q=%24YGG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$YGG</a> ($735K) and deposited to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> through <a href="https://twitter.com/hashtag/FalconX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#FalconX</a> 11 hrs ago.<a href="https://t.co/ddQPqOp2VZ" target="_blank" rel="noopener noreferrer nofollow">https://t.co/ddQPqOp2VZ</a> <a href="https://t.co/RfSp2BAecO" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/RfSp2BAecO</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1688380666755665920?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 7, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>According to Lookonchain, Youbi Capital deposited One million YGG, equivalent to $613,000, to the Binance exchange and currently holds 11.6 million YGG, worth $7.11 million. Lookonchain also observed that Sfermion, a multi-strategy investment firm focused on the immersive internet, claime…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/ygg-price-initiates-a-pullback-as-investors-begin-to-dump-tokens/">YGG Price Initiates a Pullback as Investors Begin to Dump Tokens</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

YGG Price Initiates a Pullback as Investors Begin to Dump Tokens

Coin Edition

Outros artigos publicados em 7 de ago. de 2023

Chainlink Emerges as 5th Most Developed Crypto Protocol

Musk vs. Zuckerberg Fight to Stream on X: Can It Revive the Platform?

Maker Blocks US Users from the crypto lending platform!

PayPal Launches PayPalUSD Stablecoin Embracing Crypto Space

FBI warns of fraudsters posing as NFT developers to steal crypto

MicroStrategy Leads Amidst Crypto Bull Run and Market Shakes

Join our free newsletter for daily crypto updates!