Analysis: The address that previously exchanged 1.52 million HOLO for 1,013 BNB is a market maker wallet
Jinse Finance reported, according to monitoring by Lookonchain, it has been confirmed that wallet address 0x3723 does not belong to a certain KOL investor, but is actually a market maker wallet. Twenty hours ago, this wallet exchanged 1.52 million HOLO tokens for 1,013 BNB (worth $915,000). This operation was carried out when HOLO was trading at a 15% premium on BNB Chain, most likely to stabilize its price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Modi has failed to diminish gold's appeal in the Indian market
Goldman Sachs raises IMAX target price to $50
ETH falls below the $2,500 mark, up 0.79% on the day.
Crypto prices
More
