Tracking the movements of whale: Mt. Gox transferred 27,871 BTC in 24 hours, worth about $2.82 billion

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MarsBit
12-05
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Mt. Gox Transferred 27,871 BTC Worth Approximately $2.82 Billion Within 24 Hours

Mt. Gox transferred 24,051.75 BTC (approximately $2.43 billion) to a new address this morning at 11 o'clock;

Mt. Gox addresses transferred another 3,820 BTC (current value of approximately $391.63 million) to two new wallet addresses half an hour ago.

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Mantle May Repurchase 100 Million BIT from FTX/Alameda at an Average Price of $0.367 Through OTC

Mantle (formerly BitDAO) may repurchase 100 million BIT from FTX/Alameda through OTC via Mirana Ventures.

They transferred 38.73 million USD stablecoins to FTX/Alameda 2 days ago, and then received 105 million BIT from the FTX/Alameda address, with the OTC price likely being $0.367. The current price of MNT (formerly BIT) is $1.03.

ByBit and FTX had previously exchanged platform tokens in early November 2021: ByBit used 100 million BIT to exchange for 3.362 million FTT from FTX, with both parties promising not to sell for 3 years. Currently, these 3.362 million FTT (worth $918,000) are still in the Mantle address.

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The Largest SNX Holder Deposited 6.5 Million Tokens Worth Approximately $19.6 Million to a CEX

The largest SNX holder and investor, Framework Ventures, deposited 6.5 million SNX (worth approximately $19.6 million) into CoinbasePrime 2 hours ago.

4 months ago, this venture capital firm withdrew 6 million SNX (worth $7.2 million at the time) from CoinbasePrime, during the market bottom. If they had purchased and sold now, their profit would be $10.9 million (+152%).

Currently, Framework Ventures still holds 17.9 million SNX (worth $54 million), all of which have been unlocked.

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A Dormant Address Containing 10 BTC Was Activated After 12.5 Years, Worth Approximately $1.023 Million

A dormant address holding 10 BTC was activated after 12.5 years. The BTC in this address was worth only $50 in 2012, but is now valued at approximately $1.023 million.

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Synthetix Founder Deposited 1,000 ETH, Worth Approximately $3.85 Million, into Binance

3 hours ago, Synthetix founder Kain Warwick deposited 1,000 ETH (worth approximately $3.85 million) into Binance.

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3,000 ETH Transferred from an Unknown Wallet to Binance, Worth $11.56 Million

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Galaxy Digital Deposited 13.77 Million USDC into Binance and Accumulated 10.9 Million ENA

Galaxy Digital deposited 13.77 million USDC into Binance 5 hours ago. In the past 12 hours, Galaxy Digital has cumulatively deposited 28.77 million USDC into Binance.

Galaxy Digital has accumulated 10.9 million $ENA tokens (approximately $10.17 million) at an average price of $0.933.

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Data Sources:

1.https://x.com/lookonchain

2.https://x.com/ai_9684xtpa

3.https://x.com/EmberCN

4.https://x.com/OnchainLens

5.https://x.com/spotonchain

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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