Entity Deposits 7.57M FRONT to Binance !

Three wallets, presumably controlled by the same entity, have deposited a substantial amount of FRONT tokens to Binance.

Transaction Details:

Total Deposited: 7.57M FRONT ($4.61M)

Deposit Address: Same Binance deposit address

Wallets Involved:

Address 1: 0x64ec72c0082463c5305003c56ddae591b344a8a1

Address 2: 0x450fdd0c673fabb8d44dde32e9641521f0617e41

Address 3: 0xdd1538653e2d206597fdb22c9100b04cb473a858

Additional Details:

Remaining Holdings: The entity still holds 5.66M FRONT ($4.62M)

Estimated Total Loss: $2.62M (-12.9%)

Historical Activity:

Withdrawals: 18.09M FRONT withdrawn from OKX, Gate.io, and Binance at an average price of $1.117 (estimated cost: $20.2M) between November 22, 2023, and June 25, 2024

Deposits Back to CEXs: 12.44M FRONT deposited back to CEXs at an average price of $1.044 ($12.99M) since December 29, 2023

Current FRONT-Holding Addresses:

Address 1: 0x391648d98e4cc41440b4f86d9cce03ce31796818 holds 3.16M FRONT ($2.58M)

Address 2: 0xf0cff9888499757076fe941af52888bc43550357 holds 2.5M FRONT ($2.04M)

This activity suggests strategic movements by the entity, possibly indicating a shift in their trading or holding strategy with FRONT tokens.