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