TRB Surges Amidst Massive Withdrawals Nearing 50% of Total Supply

• Lookonchain reported fresh wallets’ massive withdrawal of Tellor’s TRB tokens.
• Since August 25, a total of 22 wallets have accumulated 1,185,269 TRB, worth $111.4 million.
• The current holdings of these wallets constitute 46.7% of the total TRB tokens in circulation.

Tellor’s TRB token has drawn attention recently as whales continue to move it around in massive transactions. Lookonchain, a leading web3 analysis platform, recently revealed that newly created wallets have accumulated and withdrawn an enormous amount of TRB from Binance and other exchanges. According to the data, a total of 22 fresh wallets have accumulated nearly 50% of the total supply of TRB tokens since August 25, at an average price of $42.

They have since withdrawn from exchanges 1,185,269 TRB worth $111.4 million, constituting 46.7% of the tot…

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