2024

Coin

<ul class="news-points">
 <li>Fresh whales are showing interest in UNI, BLZ, PEPE, and TRB.</li>
 <li>Lookonchain’s revealed those whales are withdrawing tokens from CEXs in large quantities.</li>
 <li>All identified tokens are showing distinctive patterns in price behavior.</li>
</ul>
Blockchain analytics platform Lookonchain, known for tracking large cryptocurrency transactions, identified a potential trend in the crypto market. In a recent post, Lookonchain revealed that whales using newly minted wallets are accumulating UNI, BLZ, PEPE, and TRB.
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 Whales/freshwallets bought <a href="https://twitter.com/search?q=%24UNI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$UNI</a>, <a href="https://twitter.com/search?q=%24BLZ&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BLZ</a> <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$PEPE</a> and <a href="https://twitter.com/search?q=%24TRB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$TRB</a>. 0x3492 withdrew 870,827 <a href="https://twitter.com/search?q=%24UNI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$UNI</a>($8.5M) from <a href="https://twitter.com/hashtag/OKX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#OKX</a> 1 hour ago.<a href="https://t.co/fDNkGukDP4" target="_blank" rel="noopener noreferrer nofollow">https://t.co/fDNkGukDP4</a> 0xe841 withdrew 7.69M <a href="https://twitter.com/search?q=%24BLZ&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BLZ</a>($2.16M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> 1 hour ago.<a href="https://t.co/dZtkV4i6I0" target="_blank" rel="noopener noreferrer nofollow">https://t.co/dZtkV4i6I0</a> 0x81cC and 0xf226 withdrew 303.4B <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$PEPE</a>($3.8M) from… <a href="https://t.co/wnQ3Gpnng7" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/wnQ3Gpnng7</a>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1800043225157435427?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 10, 2024</a>
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Lookonchain’s findings show a newly created wallet withdrawing 870,827 UNI tokens (worth $8.5 million) from the OKX exchange. Similarly, another fresh wallet withdrew 7.69 million BLZ tokens (valued at $2.16 million) from Binance.
Lookonchain’s report further highlights significant withdrawals from Centralized Exchanges (CEXs) usin…
The post <a href="https://coinedition.com/on-chain-data-reveals-new-wallets-drive-uni-blz-pepe-trb-price-swings/" rel="noopener noreferrer nofollow">On-Chain Data Reveals New Wallets Drive UNI, BLZ, PEPE, TRB Price Swings</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

On-Chain Data Reveals New Wallets Drive UNI, BLZ, PEPE, TRB Price Swings

Coin Edition

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