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On January 11th, COINOTAG News reported a significant transaction involving the Cookie project. According to Spopt on Chain’s monitoring, a multi-signature address associated with the Cookie project team transferred a substantial amount of 20 million COOKIE, valued at approximately $12.55 million, to Binance just eight hours prior. This strategic move highlights the liquidity management practices within the cryptocurrency landscape. It is noteworthy that this particular multi-signature address had initially received a total of 75 million COOKIE from the Deployer wallet back on June 13, 2024, indicating a robust accumulation strategy. Currently, it retains 20 million COOKIE, translating to about $11.33 million, showcasing the project’s substantial holdings and ongoing market activity. Such transactions could potentially influence the $COOKIE market dynamics as well as investor sentiment.
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