CandleFocus A Crypto Whale Dumps $2.56M in $FLOKI on Binance Amid Price Recovery
2024-11-11
Author: Content Editor
A crypto whale named Yfimaxi.eth has deposited all 17.7 billion $FLOKI tokens, worth approximately $2.56 million, into Binance. This move comes as the price of $FLOKI starts to rise, reducing the whale's losses. However, it seems Yfimaxi.eth no longer plans to wait for further price gains and is potentially trying to sell off the entire asset. Despite the recent rebound of $FLOKI, the whale's significant deposit raises questions about their belief in further upside potential. Yfimaxi.eth's decision to deposit a large amount into Binance is seen as a strategic move despite the token's current bounce.
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