Whale Transfers 2.584 Million AGLD Tokens, Market Movements Attract Attention
On December 12, according to monitoring data, a whale with address 0x65C withdrew 2.584 million AGLD tokens (approximately 3.51 million USD) from Binance 2 hours ago and transferred them to address 0x4eA. This action accounts for 3.34% of the total supply of AGLD, drawing significant market attention.
Background Operations and Historical Profits
It is worth noting that 5 months ago, this whale purchased the same amount of AGLD for about 2.18 million USD and later sold it for 3.8 million USD, obtaining a profit of 1.61 million USD, with an impressive return on investment of 42.5%. This operation demonstrates its keen grasp of AGLD market fluctuations and efficient profit strategies.
Market Impact and Outlook
This large transfer has raised concerns about the short-term price fluctuations of the AGLD market. Does the whale's transfer signify an impending large-scale sell-off, or is it still holding, planning to seek better selling opportunities in the future? These questions are worth deep consideration for market participants.
This whale's operation again confirms the high liquidity of funds in the market, and the trading actions of whales often have a considerable impact on the market. Will AGLD face further volatility? The current market is still in a high-risk consolidation period; investors need to remain vigilant and closely monitor subsequent fund flows and market reactions.
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