Arca Withdraws $8.23M Worth of YGG and PENDLE from Binance

IconCrypto News Terminal24 Apr, 2024

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Arca Withdraws $8.23M Worth of YGG and PENDLE from Binance

Crypto investment firm Arca has withdrawn $8.23 million worth of YGG and PENDLE from Binance in the past 7 hours. EmberCN, a cryptocurrency on-chain analyst, revealed this information through his analysis via X. Arca withdrew around 4.919 million YGG to an address starting with '0x992,' with an average price of $0.95 at the time of the withdrawal. It also withdrew 549k PENDLE to an address starting with '0xa8b,' with an average price of $6.5 at the time of the withdrawal. Previously on April 24, 2024, cryptocurrency on-chain analyst EmberCN analyzed via X that "Crypto investment firm Arca withdrew $8.23 million worth of YGG and PENDLE from Binance about 7 hours ago." He added, "Arca withdrew roughly 4.919 million YGG to an address starting with '0x992,' with an average price of $0.95 at the time of the withdrawal. It also withdrew 549k PENDLE to an address starting with '0xa8b,' with an average price of $6.5 at the time of the withdrawal." ```

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