Whale Transfers $2.82M KAITO to Binance, Incurring $1.17M Loss Amid 43% Price Drop
Main Idea
A whale transferred $2.82M worth of KAITO tokens to Binance, incurring a $1.17M loss amid a 43% decline in the token's value, highlighting market volatility.
Key Points
1. A whale moved $2.82M worth of KAITO tokens to Binance, resulting in a $1.17M loss.
2. The whale initially withdrew 1.79M KAITO tokens from Binance at $2.23 per token, totaling $3.99M on May 29.
3. The token's market value dropped by 43% during this period.
4. The transaction underscores the volatility and challenges in the crypto market.
Description
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