A wallet registered with the address 0x835b7e914c2e9a1accaff7e59c29e10dc813b949, controlled by an unknown whale, successfully entered the TURBO market today. For the first time, the wallet withdrew a staggering 350 million TURBO tokens, worth $2.07 million, from Binance.
The transaction occurred at a value of $0.006 per token, marking the whale’s entry into the TURBO market.
Interestingly, the only other asset in the wallet was 0.017 ETH (around $44), which was likely reserved for gas fees. This suggests a calculated strategy focused solely on accumulating TURBO.
As the whale’s entry rocked the market, the price of TURBO saw a significant 7.25% drop in the past 24 hours, raising concerns about the potential impact of this transaction. Now, all eyes are on this new player in the TURBO ecosystem, waiting to see if this massive purchase will stabilize the token or trigger more volatility in the days to come.
