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In a significant development for the crypto market, recent monitoring by The Data Nerd revealed that the wallet identified as DLcwu executed a substantial withdrawal of 1 million LAYER tokens, valued at approximately $2.72 million, from Binance. This transaction occurred merely 40 minutes prior to the report on April 28th. Over a span of three days, wallets DLcwu and 8KGnY collectively withdrew around 26.51 million LAYER tokens, equating to nearly $66.92 million, with all assets subsequently transferred to the wallet AEZok.
Currently, AEZok ranks as the 7th largest holder of LAYER, possessing a total of 48.47 million tokens. This accumulation positions AEZok as a potentially influential market maker within the LAYER ecosystem, suggesting a strategic interest in the asset’s future. Industry experts are closely monitoring these movements as they may indicate larger trends in market liquidity and investor sentiment regarding LAYER’s viability in the competitive landscape.
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