Corporate Giant Whale Binance Sold One Altcoin and Bought Two Different Altcoins and USDT Instead!

Cryptocurrency investment company Nascent made a portfolio update today. Accordingly, Nascent bought PEPE, LDO and USDT while selling Maker (MKR) on Binance.

According to Lookonchain's post, Nascent deposited 1,215 MKR worth $3.41 million to Binance today, and then received 141.23 billion PEPE ($1.57 million), 281 thousand LDO ($503 thousand) and 3.4 million from Binance. Withdrew million USDT.

While Nascent sold 1215 MKR worth 3.4 million dollars, it also withdrew an additional 3.4 million USDT equivalent to this figure from the exchange.

As a result, Nascent also made a USDT withdrawal of $3.4 million, separate from PEPE and LDO transactions.

Nascent currently holds 608.85B PEPE ($7.49 million).

*This is not investment advice.