On July 25, Arkham data revealed that Spartan Group executed a significant transaction by unstaking 5 million SYRUP tokens, valued at around $3.06 million. This sizable amount was promptly transferred to Binance, one of the leading cryptocurrency exchanges. In a related development, Upbit has officially announced the listing of SYRUP trading pairs against the Korean Won, Bitcoin (BTC), and Tether (USDT), expanding the token’s market accessibility. These strategic moves highlight increased institutional activity and growing liquidity for SYRUP, potentially impacting its trading dynamics across major platforms.
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