Smart Trader Withdraws Millions in GameFi Assets from Binance, Including $MANA and Other Cryptos

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The withdrawn assets included 36.88 million GALA tokens valued at $1.49 million, 2.43 million SAND tokens worth $1.43 million, and 1.63 million MANA tokens totaling $1.01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.

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.

Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK?🤫

The key? Getting in early, especially during the ICO phase. Check out NuggetRush today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. Seize the opportunity with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.

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:

Check NuggetRush ($NUGX)

Sponsored: Invest Responsibly, Do Your Own Research.
Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
A unique play-to-earn gaming platform in the memecoin market
The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
Fosters a strong community by encouraging physical meetups among members
NFT Integration with Prominent Characters
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

CaptainAltcoin
Logo