Binance’s New Coin KERNEL: Major Liquidity Providers Receive 17 Million Tokens

COINOTAG News reported on April 14th that liquidity provision for Binance’s newly launched coin KERNEL is being supported by key players in the crypto space. According to insights from on-chain analyst @ai_9684xtpa, the firms Flow Traders, Auros Global, and Arrington Capital have been instrumental in this endeavor. As part of the liquidity arrangement, these entities have secured a combined total of 17 million tokens from the project’s multisig contract, representing approximately 10.47% of its circulating supply. More specifically, Flow Traders and Auros Global have each obtained 3.5 million tokens, while Arrington Capital leads with a substantial allocation of 10 million tokens. This strategic move highlights the importance of liquidity in enhancing market efficiency for KERNEL.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.