A crypto whale has suffered a substantial loss of $1.8 million after depositing $5.09 million worth of $THE tokens into Binance. The whale had accumulated these tokens over a 12-day period, spending a total of $6.46 million. This event highlights the volatility of the crypto market and has sparked speculation about the motivations behind the whale's offloading. Onchain Lens suggests that the whale's activity could influence market sentiment around $THE, making it important to monitor their movements for potential market developments. The outcome of this development is uncertain.



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