Analysis: The address that previously exchanged 1.52 million HOLO for 1,013 BNB is a market maker wallet
Jinse Finance reported, according to monitoring by Lookonchain, it has been confirmed that wallet address 0x3723 does not belong to a certain KOL investor, but is actually a market maker wallet. Twenty hours ago, this wallet exchanged 1.52 million HOLO tokens for 1,013 BNB (worth $915,000). This operation was carried out when HOLO was trading at a 15% premium on BNB Chain, most likely to stabilize its price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BNB fell below $690
An address withdrew 1,306 ETH worth $2.99 million from an exchange.
Japanese stocks fall below 61,000 points
New York Angels' Peck Says Anthropic IPO Could Lift Tech After AI Selloffs
Crypto prices
More
