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$307 Million Worth of Solana (SOL) Moves to CEXs, What’s Next?
In the recent market downturn, traders and investors have liquidated over $1.08 billion worth of long and short positions within the last 24 hours, triggering widespread fear across the cryptocurrency landscape. With the crypto world on edge, everyone is scrambling to understand the implications of this massive sell-off and what it means for the future of their portfolios. Major SOL Transfers Raise Alarms Amid this fear, investors and whales have transferred a significant 2.38 million Solana (SOL) worth $307 million to Centralized Exchanges (CEXs) including Binance and Coinbase in the last 24 hours, according to data from blockchain-based transaction tracker...
Tigran Gambaryan “Hardly Able to Walk” as Trial Continues
By Mark Hunter 4 weeks agoWed Jul 17 2024 09:22:59 Reading Time: 2 minutes Tigran Gambaryan had to be wheeled into a Nigerian courtroom to resume his trial due to severe health issues Gambaryan’s health has significantly worsened since his detention began in February Prison officials have not complied with the court order to release his medical records The trial of Binance executive Tigran Gambaryan resumed yesterday, with the American wheeled into a courtroom in Abuja, Nigeria, following severe health complications that have left him barely able to walk. Gambaryan’s condition has reportedly worsened significantly since his detention began in...
Wintermute’s Major Deposits Impact PEPE And ARB Markets
Wintermute has recently made significant moves in the cryptocurrency market, depositing a staggering 702.9 billion PEPE tokens, valued at approximately $6.59 million, to Binance. This substantial deposit coincided with a 3.4% drop in the price of PEPE, highlighting the market’s sensitivity to large-scale transactions. Meanwhile, the “Whale with a 100% Winning Rate in the Past Three Months” for PEPE, who has garnered significant attention, has remained inactive since adding positions on June 20. Despite not making any recent moves, this whale has experienced a floating loss of $2.41 million due to the continuous decline in PEPE’s price. The whale accumulated...
