30 Million BMT Withdrawn from Binance: Top Holder Emerges in Strategic Accumulation

On March 22nd, COINOTAG reported significant movement within the crypto market as on-chain analyst @ai_9684xtpa revealed noteworthy transactions involving the digital asset BMT. A wallet identified as 0x80F…8b932 executed a withdrawal of 30 million BMT from Binance, translated to an approximate value of $5.23 million. The withdrawal occurred at an entry price of $0.1743, positioning this address as a prominent holder within the blockchain ecosystem. This wallet had also previously performed a minor withdrawal just three days prior, when BMT was priced at $0.2141. Such actions suggest a strategic approach aimed at accumulating more assets at a reduced cost, reinforcing the investor’s confidence in the cryptocurrency’s potential for appreciation.

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