A crypto whale was caught on the radar after withdrawing a large amount of Solana-based meme coins from the exchange.
On-chain analytics platform Arkham has tracked a significant move by a large investor (whale) over the past two weeks. According to the analysis, the address 9eB….AdT…mq…XDK withdrew 11.805 million Moo Deng (MOODENG) from the Gate exchange and transferred it all to the address CQxgsE…NLnp8R.
Address C…gsE…NL…8R currently holds a total of 104 million MOODENG, worth approximately $34.82 million, making it the largest owner of MOODENG.
While this major transfer has attracted attention in the market, investors and analysts continue to watch with curiosity how it will affect MOODENG’s future price movements.
According to CoinGecko data, MOODENG, which has fallen by 12% in the last 24 hours, is trading at $0.332 at the time of writing.
Stay tuned for new information.
