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Whale Transferred More Than $1 Million Worth of 1INCH to Binance

Published 2023-02-13, 02:20 a/m
© Reuters. Whale Transferred More Than $1 Million Worth of 1INCH to Binance

Coin Edition -

  • Lookonchain tweeted yesterday that a crypto whale transferred more than $1M 1INCH to Binance.

  • 1INCH was priced at $0.75 when the specific whale transferred 2 million 1INCH to Binance last August.

  • Currently, the price of 1INCH is down 0.43% over the last 24 hours.

Lookonchain (@lookonchain) tweeted that a whale transferred 2 million 1INCH tokens to the leading crypto exchange, Binance, yesterday. As per price of 1 INCH at the time of the transfer, it was estimated that the total amount transferred was worth $1.09 million.

The tweet added that the whale received 10 million 1INCH in December 2021 and June 2022, with the average receiving price of $0.83 per token. The last occasion that the specific whale transferred 2 million 1INCH to Binance was on 2 August, 2022, when the price of 1INCH was $0.75.

At press time, the price of 1INCH is down 0.43% and is trading at $0.5323 according to CoinMarketCap. The altcoin was able to strengthen against Ethereum (ETH) over the last 24 hours but was unable to do the same with the crypto market leader, Bitcoin (BTC).

Daily chart for 1INCH/USDT (Source: TradingView)

The price of 1INCH has dropped below the 20-day EMA l…

The post Whale Transferred More Than $1 Million Worth of 1INCH to Binance appeared first on Coin Edition.

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