A recent crypto wallet activity has raised the eyebrows of the market onlookers. As per Lookonchain, a prominent on-chain analytics providing platform, 2 exclusive wallets reportedly redeemed assets of above $120 million and $69.56 million worth from the popular exchange Binance. The analytics company disclosed the respective development on its official account on the social media platform X.
New Wallet Extracts Several Crypto Assets of up to $120M Worth from Binance
In its recent X posts, the firm noted that one of the wallets conducted the withdrawal of several digital assets. According to Lookonchain, the list of the assets takes into account the stablecoin $USDT as the top crypto token. The wallet reportedly withdrew $USDT of almost 40.7 million. In addition to this, it also redeemed 9,425 $ETH. The respective figure equals a value of up to $30.15 million.
Apart from that, another asset that stands in the 3rd spot in terms of value was $PEPE. The wallet withdrew 957.77 billion $PEPE tokens. This amount equals $9.84 million. Moreover, the wallet extracted the meme coin $SHIB. 583.78 billion extracted $SHIB tokens accounted for $9.68 million. Additionally, the wallet also redeemed BNB (the native token of Binance). 16,192 $BNB coins equaled up to $9 million.
Furthermore, the wallet extracted 58.15 million $DOGE coins which had a value of nearly $6.95 million. The list goes on with the withdrawal of 438,721 $RNDR tokens with a value of up to $3.17 million. Along with that, the wallet reportedly redeemed $2.81 million worth of $MATIC.
Another New Wallet Redeems 1,162 $BTC while a Whale Purchases 1,162 $BTC
The $FLOKI tokens which the wallet redeemed accounted for $1.56M in value while $LINK tokens equal $1.5 million worth. $AVAX and $GRT tokens accounted for $1.05M and $556K worth respectively. Another new wallet extracted 1,162 $BTC, equaling $69.56 million while a whale purchased 1,162 $BTC.
