• Lookonchain has observed an ongoing dump of YGG tokens by investors.
• Significant amounts of YGG were transferred by investors to centralized exchanges.
• The nature of the transfers suggested an imminent YGG dump after a recent price rally.

Lookonchain, the smartmoney on-chain platform, has observed an ongoing dump of YGG tokens by investors. In a recent tweet, the crypto on-chain data platform noticed significant YGG transfers into centralized exchanges. The nature of the transfers suggested an imminent YGG dump after a recent price rally.

According to Lookonchain, Youbi Capital deposited One million YGG, equivalent to $613,000, to the Binance exchange and currently holds 11.6 million YGG, worth $7.11 million. Lookonchain also observed that Sfermion, a multi-strategy investment firm focused on the immersive internet, claime…

The post YGG Price Initiates a Pullback as Investors Begin to Dump Tokens appeared first on Coin Edition.

• Lookonchain has observed an ongoing dump of YGG tokens by investors.
• Significant amounts of YGG were transferred by investors to centralized exchanges.
• The nature of the transfers suggested an imminent YGG dump after a recent price rally.

Lookonchain, the smartmoney on-chain platform, has observed an ongoing dump of YGG tokens by investors. In a recent tweet, the crypto on-chain data platform noticed significant YGG transfers into centralized exchanges. The nature of the transfers suggested an imminent YGG dump after a recent price rally.

According to Lookonchain, Youbi Capital deposited One million YGG, equivalent to $613,000, to the Binance exchange and currently holds 11.6 million YGG, worth $7.11 million. Lookonchain also observed that Sfermion, a multi-strategy investment firm focused on the immersive internet, claime…

The post YGG Price Initiates a Pullback as Investors Begin to Dump Tokens appeared first on Coin Edition.