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…

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