Developers sent a large amount of tokens to #Binance in this altcoin - they have done it 11 times in the past, and here's what happened

According to cryptocurrency data on the blockchain (onc, hain) provided by Look, onc, hain, the altcoin (#Altcoin ) witnessed a transfer from wallets linked to developers to #Binance .

According to the data, 17.87 million tokens were sent $LINK

worth 149 million USD from the non-circulating supply wallets of Chai, nlink (#LINK ) to the cryptocurrency exchange Binance.

In the past, Chai, nlink developers made large transfers on 11 different occasions. Interestingly, analysts from Loo, kon, ch, ain claimed that most of these events led to a price increase for $LINK .

Additionally, other data on different cryptocurrency blockchains (wif, tar, dio.sol) provide interesting insights. Upon examining the records, a wallet connected to Wif, tar, diol withdrew today what is worth two million USD of the USDC stablecoin via B, y, bit, and immediately purchased 2.12 million #FARTCOIN at an average price of 0.94 USD. At the time of writing this report, FARTCOIN was trading at 0.82 USD. In other words, the whale lost about 10% of its value.

*This is not investment advice.