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


by CoinEdition
On-Chain Data Reveals New Wallets Drive UNI, BLZ, PEPE, TRB Price Swings
  • Fresh whales are showing interest in UNI, BLZ, PEPE, and TRB.
  • Lookonchain’s revealed those whales are withdrawing tokens from CEXs in large quantities.
  • All identified tokens are showing distinctive patterns in price behavior.

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.

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 On-Chain Data Reveals New Wallets Drive UNI, BLZ, PEPE, TRB Price Swings appeared first on Coin Edition.

Read the article at CoinEdition

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


by CoinEdition
On-Chain Data Reveals New Wallets Drive UNI, BLZ, PEPE, TRB Price Swings
  • Fresh whales are showing interest in UNI, BLZ, PEPE, and TRB.
  • Lookonchain’s revealed those whales are withdrawing tokens from CEXs in large quantities.
  • All identified tokens are showing distinctive patterns in price behavior.

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.

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 On-Chain Data Reveals New Wallets Drive UNI, BLZ, PEPE, TRB Price Swings appeared first on Coin Edition.

Read the article at CoinEdition

Read More

PEPE Price Sinks 6% Amid Market Sell-Off as Whales Accumulate

PEPE Price Sinks 6% Amid Market Sell-Off as Whales Accumulate

The drop in PEPE's value was part of a wider crypto market drawdown, with the CoinDes...
Crypto Markets Today: Altcoins Make Their Mark Before Fed Rate Decision

Crypto Markets Today: Altcoins Make Their Mark Before Fed Rate Decision

Bitcoin hit its highest point since Aug. 22 before retreating, while altcoins posted ...