Fresh Wallets Are Stockpiling This Altcoin Pumping on Binance: Whales Make Their Move As Well

According to a recent development, a new whale purchased 995,604 Liquity (LQTY) altcoins from Binance at $1.45, totaling $1.45 million.

Interestingly, LQTY price had increased by 23.8% in the last two days. Whale hasn’t traded any tokens yet, other than accumulating LQTY, or even purchased ETH.

Despite New Wallets Purchasing LQTY Tokens, Whales Have Already Started Depositing Tokens to Cryptocurrency Exchanges

However, both whales and individual wallets deposited large amounts of their unstaking LQTY tokens to CEX. Among these, Gnosis Safe Wallet particularly attracted attention by depositing $1 million ($1.44 million) to Coinbase 18 hours ago. This wallet has deposited a total of 27.2 million LQTY ($28.7 million) into centralized and decentralized exchanges in the last two years.

The whale with the short name 0x02e deposited 360.7 thousand ($526.6 thousand) LQTY to the cryptocurrency exchange MEXC about two hours ago. Additionally, the clairvoyantlabs.eth wallet deposited 1.069 million USD ($1.34 million) to Binance in the last five days, making a profit of 460 thousand USD (52%).

Despite these movements, the LQTY price has remained flat since October 9 and has not yet crossed the breakout point. At the time of this writing, the LQTY price is trading at $1.48, 38% higher than last week.

*This is not investment advice.