Suspected Falcon Finance wallet transfers approximately 33 billion FLOKI, worth over $1.4 million, to an exchange
According to a report by Jinse Finance, Arkham monitoring data shows that a wallet address suspected to belong to Falcon Finance under DWF Labs transferred a total of 33.02 billion FLOKI tokens, worth over $1.4 million, to an exchange about five hours ago. These tokens had been held in the wallet for eight months, and if sold, could result in a loss of nearly $500,000.
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
Big short Burry increases short positions on Micron and Nebius, with the logic that "memory supply surge will put downward pressure on prices"
Michael Burry has dramatically increased his short positions on Micron, Palantir, and semiconductor ETFs, stating that the scale is “quite large.” His main reasoning is that Samsung, SK Hynix, and Micron squeezed their conventional DRAM production to meet AI-driven HBM demand, resulting in a shortage; however, with production capacity now ramping up, the Damocles sword of oversupply is hanging over the market. The inventory warning from Acer’s CEO has further convinced him that the memory cycle has already peaked.
Colorpak Indonesia announces extraordinary shareholder meeting
Crypto prices
More
