Yield Guild Games (YGG)-linked Wallet Initiates Substantial Transfer to Binance
OUTFLOW
Related Addresses
1. Yield Guild Games: Treasury Wallet
[Yield Guild Games: Treasury Wallet]
2. Recipient Wallet: 0x77a0c9c130d2b49920c264d99da0d5a49bf047fe
Total Tokens Transferred
Token: Yield Guild Games (YGG)
Amount: 6M YGG
Related Transactions
1. From: Yield Guild Games: Treasury Wallet
To: Recipient Wallet (0x77a0c9c130d2b49920c264d99da0d5a49bf047fe)
Time: Feb 05, 15:43
Transaction: [0x23a3dc45fe3b6e122bc589f7e2eb246dda3e8c22e6b27eb10ef25d627906616c](https://etherscan.io/tx/0x23a3dc45fe3b6e122bc589f7e2eb246dda3e8c22e6b27eb10ef25d627906616c)
2. From: Recipient Wallet (0x77a0c9c130d2b49920c264d99da0d5a49bf047fe)
To: Binance Deposit
Time: Feb 05, 15:58
Summary
Wallet 0x77a0c9c130d2b49920c264d99da0d5a49bf047fe, linked to Yield Guild Games: Treasury, executed a significant deposit of 6 million YGG tokens (equivalent to $2.56 million) to Binance at a rate of $0.427. The transaction can be tracked [here](https://etherscan.io/tx/0x23a3dc45fe3b6e122bc589f7e2eb246dda3e8c22e6b27eb10ef25d627906616c).
Notably, these YGG tokens were received by the wallet from Yield Guild Games: Treasury just 33 minutes before the deposit. The YGG Treasury address responsible for the transfer is [0xe30ed74c6633a1b0d34a71c50889f9f0fdb7d68a]
Insight
This sizeable transfer raises intrigue as similar movements by czsamsunsb.eth have historically preceded market price drops. The wallet in question still holds 12,186 stETH ($28.1M) in Lido Finance. In the past seven hours, ETH prices exhibited a 1.3% rebound from $2,271 to $2,300 after a notable decline.
Figures
#YieldGuildGames #YGG/USDT #deposit #Binance $YGG
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