Two major players in the cryptocurrency space, Chiliz and Wintermute Trading, have transferred millions of CHZ tokens to Binance.
According to Etherscan data, Chiliz Multisig wallet deposited 25 million CHZ ($1.53 million) on Binance 17 hours ago, while Wintermute Trading deposited 28 million CHZ ($1.71 million).
All cryptocurrencies in Wintermute's wallet at the time of writing this article are listed as follows:
- Ethereum worth $6.5 million
- $4.2 million Hashflow
- $3.6 million Arkham
- $3.4 million Lido DAO Token
- Blur $3.3 million
- $2.1 million USD Coins
- $2.1 million dYdX
- $1.7 million Gala
- 00 Tokens worth 1.4 million dollars
- $1.3 million Keep3rV1
- $1.2 million Rally
- $1.1 million chiliZ
Total: $35.1 million
Wintermute Trading is recognized as a global market maker for digital assets, providing liquidity and price discovery for over 50 exchanges and platforms such as Coinbase, Kraken, Bitfinex and Binance.
However, during the hours of the transaction, there was a decline in the price of CHZ, and the price of the token fell to $ 0.60 from around $ 0.61 when it was traded.
*Not investment advice.