šŸšØ Key On-Chain Moves: Kain Warwick and Alameda Research Activity šŸšØ

šŸ¦ Kain Warwick Withdraws from Binance for the First Time

Synthetix founder Kain Warwick has reportedly withdrawn:

61,981 DYDX (~$87.9K)349,879 MATIC (~$181.39K)

šŸ”— Transaction: 0xdc088bb579a5c2e161a4a7ca3dbb9a04711e6a27ef1b44c9038ca3ecae35e6d0


šŸ” Wallet: 0xd921d809154e33516f4e933aa5f363347b85224e

šŸ’” First withdrawal raises speculationā€”strategic allocation or new investment move?

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šŸ’° Alameda Researchā€™s Steady WLD Deposits Continue

11 hours ago, Alameda Research deposited another 143,770 WLD (~$328K) to Binance.

šŸ”— Transaction: 0x520aa5ae1b871f223cf043c5c4e1c1ae56ea1c45459562dcb26c1eeb55f21a3e


šŸ” Wallet: 0xf02e86d9e0efd57ad034faf52201b79917fe0713

šŸ“Š Context:
Since August 9, 2024, Alameda Research has deposited 2.567M WLD (~$4.73M) to Binance in 17 small batches of 205,386 WLD or 143,770 WLD, averaging an unloading price of $1.841ā€”likely to repay creditors.

šŸ“Œ Current Holdings: Alameda Research still holds 22.433M WLD (~$52.72M).

At the current pace, liquidation could extend over 3 years.

šŸ’­ Repayment plan or strategic timing? Market participants are watching closely.

#CryptoNews #onchaindata #WLD #DYDX #MATICUPDATE