The post Huang Licheng Moves $4.05 Million in CREAM Tokens to Binance: A Closer Look at the Recent Transfers appeared on BitcoinEthereumNews.com.

COINOTAG News reported on December 26th that prominent **on-chain analyst** Yu Jin has noted significant activity within the **CREAM** token ecosystem. Huang Licheng, known as **Machi Big Brother**, has recently executed a substantial transfer of **250,000 CREAM tokens**, valued at approximately **$4.05 million**, to **Binance** just three hours prior. This action follows a previous redemption and transfer where Licheng withdrew **498,000 CREAM tokens** from staking and subsequently moved an additional **349,000 tokens**—totaling around **$5.8 million**. Notably, these transactions highlight a remarkable **12% of CREAM’s total supply** of **2.92 million tokens**, underscoring the influence and activity of key market participants in the cryptocurrency space. Such movements can significantly impact market dynamics, providing insight into liquidity trends and investor sentiment within the **DeFi** sector. Source: https://en.coinotag.com/breakingnews/huang-licheng-moves-4-05-million-in-cream-tokens-to-binance-a-closer-look-at-the-recent-transfers/

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Filed under: News - @ December 26, 2024 1:24 am