Alameda Research Initiates $340K Worth of WLD Transfer to Binance Exchange
CryptoNewsTerminal Staff13 Aug, 2024
Alameda Research Initiates $340K Worth of WLD Transfer to Binance Exchange
Alameda Research, a quantitative cryptocurrency trading firm, has transferred approximately $340,000 worth of Wrapped LUNA Classic ($WLD) to Binance, a leading cryptocurrency exchange. The transaction was flagged by blockchain security firm PeckShield, which detected a deposit of 205,000 $WLD from an Alameda Research-linked address. The value of the deposit at the time of the transaction was estimated to be $341,000. This transfer highlights the ongoing activity within the cryptocurrency markets, as firms like Alameda Research continue to make strategic moves involving various digital assets. The movement of funds between exchanges can indicate trading activities, rebalancing of portfolios, or other financial maneuvers.
