According to Lookonchain, a cryptocurrency on-chain data analysis company, the deployer (contract distributor) of BALD, a meme coin associated with a controversy regarding "rugpull" (an exit scam), has reportedly deposited 2,100 ETH (approximately $3.87 million) to a Kraken address. Additionally, the same address had previously moved 7,000 ETH (approximately $12.9 million) from the base network to the Ethereum mainnet. These actions indicate movements of significant funds related to the meme coin and could impact its overall dynamics. It's important to note that meme coins can be highly speculative and volatile, and investors should exercise caution when engaging with such assets. 🚀💰 #BALD #MemeCoin #CryptocurrencyInvesting