The post FunToken faces pressure as 751m FUN moves to Binance appeared on BitcoinEthereumNews.com.

No confirmed sale; deposit raises potential selling pressure As reported by cn.blockchain.news, a large holder deposited 751 million FUN to Binance about eight hours ago, an amount equal to roughly 6.83% of the token’s supply. This is a sizeable inflow to a centralized venue and typically raises the probability of near-term selling without proving that any sale occurred. There is no public evidence of executed sales tied to this specific deposit at the time of writing. Exchange transfers often precede liquidation, but they can also serve non-selling purposes such as custody changes or preparation for alternative transactions. Why the 751 million FUN Binance whale deposit matters now Size and venue matter for microstructure. Moving a block that large into a top exchange concentrates potential sell-side liquidity in one place, which can affect order-book depth, spreads, and short-term volatility if orders are executed on-screen. According to coinness.com, the tokens had previously been withdrawn from Binance during a prior bull market roughly four years ago when the stash was worth about $18.25 million. That historical context indicates a significantly underwater position today, shaping incentives around whether to realize losses or wait for better liquidity conditions. After reviewing the transaction trace, Lookonchain summarized the event this way: “A whale deposited 751 million FUN into Binance 8 hours ago. If sold, the estimated loss is 16.7 million US dollars” In the very short term, the deposit increases potential sell-side inventory available on Binance. If market orders or large resting offers appear, price impact and intraday volatility could rise; absent executions, realized effects remain uncertain. At the time of this writing, FUN trades near $0.001269 with extremely high 20.01% volatility and an RSI(14) around 40.41. Short-term analytics flag a bearish tone alongside 12 green days out of the past 30. Scenarios for the Binance whale…

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Filed under: News - @ February 7, 2026 7:24 am