Massive Influx: GSR Markets Transfers 7 Million Wallet Connect (WCT) to Binance, Valued at $3.46 Million

Sheila Belson
By Sheila Belson

COINOTAG News reported on April 17th that significant movements in the cryptocurrency market have been observed. According to TheDataNerd, liquidity provider GSR Markets executed a substantial transfer, moving 4 million WCT to Binance approximately six hours ago. This transaction was valued at around $1.61 million, reflecting the increasing activity and interest surrounding Wallet Connect (WCT). Furthermore, earlier today, GSR Markets made an additional deposit of 3 million WCT into Binance, which amounts to nearly $3.46 million. These actions indicate a robust liquidity presence in the WCT market, underscoring Binance’s role as a key platform for cryptocurrency trading. Investors and market participants are closely monitoring these activities, as liquidity movements can significantly impact the overall market sentiment.

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