According to BlockBeats and on-chain data analysis by Ember Monitoring, two whale addresses have recently transferred a substantial total of 122,610 TRB (about US$23.46 million) to Binance. The transfers, carried out on December 27, came from addresses that had been accumulating TRB from October to November.
At the time of withdrawal, each TRB was valued at $81. Given these figures, the whale addresses stood to make a substantial profit of $12.5 million, equating to a hefty return of +126%. Such significant transfers tend to impact the market dynamics of tokens, underlining the sway that whale transactions can hold over cryptocurrency market trends.
