AltcoinBinance SquareNews

Whale Buys 8.6% of BNBHolder After Binance Alpha Listing

A crypto whale bought 8.6% of BNBHolder after its Binance Alpha listing, sparking interest with a $963K investment.

  • Whale spent $963K on 86.2M BNBHolder tokens
  • The buy followed BNBHolder’s Binance Alpha listing
  • Whale now holds 8.62% of BNBHolder’s total supply

Just after BNBHolder made its debut on Binance Alpha, a whale wallet identified as 0x68f7 made a major move in the market. The whale withdrew 1,127 BNB (worth around $972,000) from Binance and swiftly used 1,115 BNB ($963,000) to purchase a large chunk of BNBHolder tokens.

Whale Acquires 8.62% of Total Supply

This massive purchase netted the whale approximately 86.2 million BNBHolder tokens, which equates to 8.62% of the entire token supply. The tokens were bought at an average price of $0.0112 per token. Such a bold move right after a listing usually signals strong confidence in the project—or strategic positioning before a potential price movement.

Community Reactions and Market Buzz

This transaction has stirred conversations across the crypto community. Large single buys like this often hint at insider confidence or planned marketing pushes. The whale’s wallet activity will now be closely watched, as traders try to anticipate BNBHolder’s next price movements.

As of now, the price action of BNBHolder is likely to be influenced by both the Binance Alpha exposure and this significant whale interest. It remains to be seen if this triggers a broader trend or a short-term spike.

Read Also :

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

Related Articles

Back to top button