BananaGun Treasury Deposits $2.78 Million in BANANA on Binance
CryptoNewsTerminal Staff18 Jul, 2024
BananaGun Treasury Deposits $2.78 Million in BANANA on Binance
BananaGun (BANANA) treasury has deposited a hefty sum of 40,000 BANANA, valued at approximately $2.78 million, to Binance. This on-chain transaction was reported by Lookonchain, a provider of on-chain data analytics. The deposit was made about 10 minutes before the report. The reasons behind this movement of funds are yet to be determined. However, it's worth noting that such substantial deposits on prominent exchanges can have various implications, including preparation for increased trading activity, potential collaborations, or exchange listings. We'll continue to monitor the situation and keep you updated on any significant developments.