On February 13th, COINOTAG News reported a significant transaction by a cryptocurrency whale, as tracked by Onchain Lens. This investor, after holding a substantial amount of OM for nearly two months, made waves by depositing 799,895 OM, equivalent to approximately $4.33 million, into the Binance exchange. Previously, this whale had withdrawn nearly 4.4 million OM, valued at around $15.95 million, and executed a transfer of 3.6 million OM to a different wallet just 13 hours prior. At present, the total value of these holdings has surged to approximately $23.96 million, demonstrating a remarkable realized profit of around $8 million. Such movements by large holders reflect ongoing market dynamics and offer insight into potential liquidity trends within the cryptocurrency market.
Source: https://en.coinotag.com/breakingnews/whale-movement-highlights-4-33-million-om-deposit-into-binance-after-two-months-of-holding/
