Three “dormant” addresses sell BNB of $89,5 million
Before that, the wallets were inactive for 491-866 days
08.11.2022 - 12:20
333
2 min
0
What’s new? On November 8, three large addresses at once sold a total of 263 247 native tokens of the Binance (BNB) crypto exchange. The total value of the assets amounted to $89,5 million. Before that, each of the wallets had not made a transaction for more than a year. At the time of writing the news (11:55 UTC), the rate of BNB has fallen by 2,2% in 24 hours, to $324,7.
Source: Transaction of 33,975.55 BNB ($11,096,037.32)
Source: Transaction of 17,934,666 BNB ($5,857,262.75)
Source: Transaction of 211,336.9 BNB ($69,253,886.77)
What else is known? All three addresses have been inactive for a long time and made their last transactions 491, 782, and 866 days ago. There is no information yet about the reasons for the sale and the connection between the three addresses.
On October 31, Binance’s staking platform launched Hashflow, a decentralized exchange (DEX) that connects traders with professional market makers. Users can earn native tokens of Hashflow (HTF) by staking BNB tokens and Binance USD (BUSD) stablecoins. On the back of this news, the rate of BNB rose by 7,5%.
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$97 246
BTC
-1.36%
-
Ethereum
$3 342.74
ETH
-1.12%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.38
XRP
-10.03%
-
Dogecoin
$0.416455
DOGE
-11.77%
-
Cardano
$1.01
ADA
-6.13%
-
Stellar XLM
$0.540344
XLM
+22.85%
-
Polkadot
$8.52
DOT
+4.46%
-
Bitcoin Cash
$497.38
BCH
-6.29%
-
Litecoin
$95.63
LTC
-7.31%