🚨 Key On-Chain Moves: Kain Warwick and Alameda Research Activity 🚨
🏦 Kain Warwick Withdraws from Binance for the First Time
Synthetix founder Kain Warwick has reportedly withdrawn:
61,981 DYDX (~$87.9K)349,879 MATIC (~$181.39K)
🔗 Transaction: 0xdc088bb579a5c2e161a4a7ca3dbb9a04711e6a27ef1b44c9038ca3ecae35e6d0
🔍 Wallet: 0xd921d809154e33516f4e933aa5f363347b85224e
💡 First withdrawal raises speculation—strategic allocation or new investment move?
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💰 Alameda Research’s Steady WLD Deposits Continue
11 hours ago, Alameda Research deposited another 143,770 WLD (~$328K) to Binance.
🔗 Transaction: 0x520aa5ae1b871f223cf043c5c4e1c1ae56ea1c45459562dcb26c1eeb55f21a3e
🔍 Wallet: 0xf02e86d9e0efd57ad034faf52201b79917fe0713
📊 Context:
Since August 9, 2024, Alameda Research has deposited 2.567M WLD (~$4.73M) to Binance in 17 small batches of 205,386 WLD or 143,770 WLD, averaging an unloading price of $1.841—likely to repay creditors.
📌 Current Holdings: Alameda Research still holds 22.433M WLD (~$52.72M).
At the current pace, liquidation could extend over 3 years.
💭 Repayment plan or strategic timing? Market participants are watching closely.
