Anonymous Whale Redeposits $4 Million Worth of BNB to Binance After an Hour

IconCryptoNewsTerminal Staff12 Aug, 2024

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Anonymous Whale Redeposits $4 Million Worth of BNB to Binance After an Hour

After participating in LISTA's mega drop last month, an anonymous whale address (beginning with 0xfC4) moved 8,001 BNB (worth $4.05 million) from the staking pool to Binance. This move could result in a loss of up to $450,000 if the funds are sold immediately, as the average price of BNB held by the address is $562. BNB is currently trading at $503.90, up 0.10%, according to CoinMarketCap.