CandleFocus

Binance Made an Announcement, Whales Lined Up for This Altcoin! They Purchased $112 Million!

Binance recently announced its 60th Launchpool project, Scroll (SCR), and as users began joining, whales quickly bought over $110 million worth of BNB. According to Lookonchain, four whales borrowed a total of 195,500 BNB ($112.4 million) from Venus and deposited it into Binance to participate in the Launchpool. The more BNB or FDUSD that users lock in Binance's Launchpool projects, the greater chance they have to earn altcoins through an airdrop. BNB, which is popular among whales, is currently trading at $583 with a 2% increase in the last 24 hours.

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