Pepe

Million

Read

<p class="is-style-lead">A BNB wallet dormant for two-year that belongs to a whale has dumped 10,000 BNB at the rate of $230 per token, after previously making significant returns from investing in the safemoon meme coin. </p>



<h2 class="wp-block-heading" id="whale-dumps-bnb-holdings">Whale dumps BNB holdings&nbsp;</h2>



<p>A whale that has been inactive for two years sold 10,000 BNB at $230 per token ($2.3 million at the current rate).&nbsp;</p>



<p>According to on-chain data released by Lookonchain, the wallet holder was an early SAFEMOON whale, who swapped 10 BNB in exchange for 100 trillion SAFEMOON, making a profit of 110,000 BNB, worth $47.5 million at that time.</p>



<p>Data also show that the wallet holder later <a href="https://bscscan.com/address/0x9e647c2c10323f5d8c22d19b554ed9cbc5638e18" target="_blank" rel="noopener">transferred</a> 25,000 BNB to whale&#8221;0x9e64&#8243; in June 2021, and has held 25,000 BNB until now. Whale&#8221;0x9e64&#8243; currently has 15,000 BNB left, which is worth $3.5 million. </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">1/ A whale that has been dormant for 2 years sold 10,000 <a href="https://twitter.com/search?q=%24BNB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$BNB</a> ($2.3M) at $230 today.<br><br>This whale was a <a href="https://twitter.com/hashtag/SAFEMOON?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#SAFEMOON</a> whale before and made 110K <a href="https://twitter.com/search?q=%24BNB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$BNB</a> ($47.5M at that time) with only 10 <a href="https://twitter.com/search?q=%24BNB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$BNB</a>($2,400 at that time) on <a href="https://twitter.com/hashtag/SAFEMOON?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#SAFEMOON</a>. <a href="https://t.co/jxuBJBcWad" target="_blank">pic.twitter.com/jxuBJBcWad</a></p>&mdash; Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1668201706398826497?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">June 12, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>




    <p>
        You might also like:

        <a href="https://crypto.news/pepe-whales-accumulate-more-coins-data-shows/">
            Pepe whales accumulate more coins, data shows        </a>
    </p>




<h2 class="wp-block-heading" id="bnb-price-analysis">BNB price analysis</h2>



<p>SAFEMOON has been accused of being a pump-and-dump scheme following a <a href="https://crypto.news/safemoon-crashes-50-24-hours-price-pump/">steep drop</a> in price that created losses for many holders. </p>



<p>At the time of writing, Safemoon is 99% down from its all-time high in May 2021. </p>



<p>Some analysts have referred to investing in meme coins as a game of chance, while others believe that if these super-volatile assets are purchased at the right time, one could make large gains. </p>



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="What is BNB? Binance Smart Chain Explained with Animations" width="1020" height="574" src="https://www.youtube.com/embed/G0gmPW8N88M?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
</div></figure>



<p>BNB is currently trading at $230.49, representing a 66.3% decline from its all-time high in May 2021.&nbsp;</p>



<p>The current price of BNB represents a -2.18% drop in the last 24 hours and a -23.28% drop in the past 7 days. The circulating supply of BNB is 160 Million BNB, it has a market cap of $35,836,973,018.</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">Most people that make money on memecoins &amp; shitcoins are either whales, insiders, or those that created them. <br><br>You are neither. Stop being exit liquidity.<br><br>Shitcoins and memecoins are often created with no real purpose or value. They&#39;re just a way for the creators to make money.…</p>&mdash; Andrew Lokenauth (@FluentInFinance) <a href="https://twitter.com/FluentInFinance/status/1653948998724595712?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">May 4, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



<p>The price of BNB has dropped below the critical support level of 265 this week, amidst Binance’s <a href="https://crypto.news/bitcoin-global-crypto-market-falls-sec-binance-coinbase-weekly-recap/">legal battle</a> with the U.S. Securities and Exchange Commission (<a href="https://crypto.news/ripple-losing-sec-case-can-affect-coinbase-and-binance-lawyer-says/">SEC</a>). The RSI value of 8.7 on the daily time frame suggests that it may be oversold in the short term.</p>




    <p>
        Read more:

        <a href="https://crypto.news/whale-withdraws-almost-62m-worth-of-matic-from-binanceus/">
            Whale withdraws almost $62m worth of MATIC from BinanceUS        </a>
    </p>

Whale sells 10k BNB after two years of inactivity

目录

crypto.news

发布于 2023年6月12日的其他文章

a16z’s London Expansion: Is the UK Set to Become the Next Crypto Hub?

Top crypto exchanges see notable negative net flows, volumes down

Cryptocurrency Analyst Pentoshi Forewarns of Market Downturn and BNB’s Future

What Happened in the Cryptocurrency Market in May 2023?

Democrats to lose 2024 US elections due to crypto war, Winklevosses warn

Shibburn Reveals Massive Shib Token Burns in the Past 24 Hours

订阅我们免费的电子期刊，获取每日最新加密领域动态！