Whales reportedly had a field day last weekend, embezzling millions of dollars worth of digital assets from cryptocurrency exchange Binance.
Lookonchain, a blockchain tracking company, said on Saturday that cryptocurrency whales were withdrew The world’s largest cryptocurrency comprised of decentralized oracle project Chainlink (LINK), meme token Pepe (PEPE), decentralized exchange Uniswap (UNI), stablecoin governance token maker (MKR), and domain naming system Ethereum Name Service (ENS). It is an exchange. Volume.
“Whales accumulated PEPE, LINK, UNI, MKR and ENS…
0x1A2E withdrew ₩322.48 billion ($2.78 million) of PEPE from Binance (May 4).
aavebank.eth withdrew 500,000 UNI ($3.75 million), 183,799 LINK ($2.62 million), 171 MKR ($500,000) and 31,139 ENS ($483,000) from Binance (May 4).”
Also, Lookonchain Discover web3 investment firm DWF Labs transferred $2 million worth of stablecoin USDC to a multi-signature secure wallet that already holds 10 million Polygon (MATIC) tokens.
Late last month, Lookonchain discovered that two whitelisted wallets had printed massive profits of 30,080x on meme assets built on Base, Coinbase’s Ethereum (ETH) layer 2 scaling solution.
Whitelisted cryptocurrency wallets are addresses that are approved to participate in specific cryptocurrency events, such as ICOs (Initial Coin Offerings).
The blockchain tracking company revealed that Wallet spent 0.034 ETH, worth $102, to purchase a total of 172.56 million BRETT (BRETT) in February. They later sold BRETT for 890.65 ETH, worth $3.14 million, for a huge profit.
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Featured image: Shutterstock/Stavtceva Iana