The post Wintermute Withdraws $3.19 Million in BONK Tokens from Binance Amidst Major Transactions appeared on BitcoinEthereumNews.com.

On December 6, COINOTAG reported that Wintermute, a prominent market maker, executed a significant withdrawal of 31.76 billion BONK tokens from Binance, translating to roughly $1.4 million. This move is part of a broader trend, as Wintermute has withdrawn a total of 72.82 billion BONK tokens over the past 24 hours, amounting to about $3.19 million. This substantial shift of assets indicates a strategic recalibration of their holdings, reinforcing the importance of monitoring on-chain activity. Currently, Wintermute’s address boasts a total of 414.26 billion BONK tokens, equivalent to approximately $18.49 million. Investors should remain vigilant as such movements can influence market dynamics and sentiment surrounding the BONK token. Source: https://en.coinotag.com/breakingnews/wintermute-withdraws-3-19-million-in-bonk-tokens-from-binance-amidst-major-transactions/

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Filed under: News - @ December 6, 2024 9:24 am