![An Astute Trader Exchanged 3K $ETH for 5.83M $USDT Top Whale Analyst Reports, While Another Wallet Withdrew 945 billion PEPE coins from Binance](https://captainaltcoin.com/wp-content/uploads/2023/07/P2P-Review-2023-07-04T094409.751.png)
According to leading on-chain analytics platform SpotOnChain, an anonymous trader with the address 0x37dffd32ea5b23813a263f725759632c120e0ac7 recently withdrew over $3.9 million worth of GameFi assets from Binance within a 30 minute period.
The withdrawn assets included 36.88 million GALA tokens valued at $1.49 million, 2.43 million SAND tokens worth $1.43 million, and 1.63 million MANA tokens totaling $1.01 million. The withdrawals were executed across four separate transactions:
- 0x97f993131b40d5955989eefaab7b918e3c99232acfec2a054fa71c835df98e09
- 0xc8565ed9c53f863518e1c8ea6d3ee5b18c9feae589447be876ca416860dbf311
- 0xc91a4148b56dd588fc3fa55dc00b03ef88bcf8f878dd796e37ca0b40cb0490ec
- 0x4b6bcf207e6addf99ce4175c1d244c462a4307481f5bb4fa03a49ee2cec61e86
SpotOnChain notes this trader has a history of well-timed trades, having previously netted estimated profits of $3.47 million from PEPE tokens and $614,000 from ETH. The trader also recently withdrew SHIB tokens from Binance just ahead of a 23% price pump yesterday.
![](https://captainaltcoin.com/wp-content/uploads/2024/03/image-8-1024x761.png)
In the 24 hours since this trader’s withdrawals, the prices of MANA, SAND, and GALA have already increased 11%, 8%, and 5.2% respectively – sparking speculation across crypto markets that larger pumps could be in store for GameFi assets.
Doge2014 raises 300K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +With this trader’s knack for timing the market, many analysts are interpreting these latest withdrawals as a potential buy signal for GameFi tokens. The next few days will reveal whether the trader’s moves presage major price action or were merely well-executed portfolio adjustments.
Either way, on-chain detectives will be following address 0x37dffd32ea5b23813a263f725759632c120e0ac7 closely in the days ahead, assessing whether this big player’s withdrawals foreshadowed another timely pump.
You may also be interested in:
- Ripple’s XRP Token on the Verge: Top Expert Predicts Bullish Momentum – Pay Attention to These Metrics
- Bitcoin’s (BTC) Rally Ushers in the Altcoin Era: Ethereum (ETH), Solana (SOL), and More Set to Soar – Experts Highlight These Key Metrics
- Market skepticism within Chainlink (LINK) sees more Litecoin (LTC) holders rushing into Pushd (PUSHD) presale
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.