Binance Labs Makes First Transfers of 200,000 HOOK and 2.81 Million OLE Tokens

On-chain analyst Ember Monitoring reports that Binance Labs has made significant deposits to their platforms: 200,000 HOOK, equivalent to $190,000, into Binance, and 2.81 million OLE, valued at $210,000, into the Gate exchange - all within the past 50 minutes.

Binance Labs is an investor in Hooked Protocol (HOOK) and OpenLeverage (OLE). They previously acquired 3.33 million HOOK (equivalent to $3.19 million) and 37.5 million OLE (valued at $2.88 million) respectively, from the project token attribution contract.