Whales withdraw over 14 million WLFI from Binance, approximately $2.0 million.

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A whale withdrew 14,098,000 WLFI from Binance , worth approximately $2.01 million, according to Arkham data on December 14.

The transaction was recorded approximately 20 minutes before the reporting time, reducing the available WLFI supply on the centralized exchange in the short term.

MAIN CONTENT
  • 14,098,000 WLFI have left Binance.
  • The estimated value is approximately $2.01 million.
  • Recorded on December 14th, approximately 20 minutes before the report, according to Arkham.

Developments

A whale withdrew 14,098,000 WLFI from Binance on December 14th, worth approximately $2.01 million, according to Arkham.

The volume of 14,098,000 WLFI, equivalent to approximately $2.01 million, indicates a large scale for a retail transaction. Withdrawals from exchanges typically reduce the immediate liquidation of WLFI on centralized exchanges. The original article does not provide the WLFI price at the time of withdrawal, wallet address, or on-chain destination.

There is no further data on the allocation after withdrawal (cold holding, OTC, or forward). Therefore, the Price Impact cannot be concluded from a single event; further related transactions on Arkham need to be monitored.

Time and source

The report is dated December 14th; the trading time was approximately 20 minutes before the report, according to Arkham data.

This content is for informational purposes only. No further confirmation has been received from other channels; investors should monitor additional on-chain and exchange data for updates on WLFI developments.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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