Crypto NewsAltcoinAltcoin's Price Suddenly Rises 84 Percent as Developers Unstake Huge Amount of...

Altcoin’s Price Suddenly Rises 84 Percent as Developers Unstake Huge Amount of Tokens

The developers of the decentralized exchange unstaking a large amount of tokens on their platform, causing an increase in the price.

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Remarkably, the price of Cream Finance's native token, CREAM, has increased by a stunning 82% today.

This sharp increase in price coincided with the unstaking of a significant amount of CREAM tokens.

Decentralized Finance (DeFi) protocol Cream Finance unstakes 241,415.5 CREAM tokens worth approximately $4.27 million. After the unstake development, the price of the token interestingly increased by more than 84% in one day.

The largest buyer of the unstakeable tokens was an address known as 'machibigbrother', who received 215,236 CREAM tokens (worth approximately $3.8 million) across two separate addresses.

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Upon receipt of these tokens, 'machibigbrother' deposited all tokens back to Cream Finance. There are currently a total of 326,072 CREAM tokens (worth approximately $7.43 million) staked at this address via Cream Finance.

In addition to 'machibigbrother', 13 other addresses deposited or sold a total of 5,408.65 CREAM tokens (worth approximately $99.2K) on various cryptocurrency exchanges and decentralized exchanges (DEXs), including Binance and

*This is not investment advice.

Buradaki Yorumlardan Bildirim Al

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