Whale 0x1E7 Deposits 62,000 BNB to Binance from Venus: Prepares for Launchpool Participation

BNB

BNB/USDT

$776.12

-0.01%

$776.12

-0.01%

(24s)

24h Volume

$487,697,623.63

24h H/L

$790.29 / $768.58

Change: $21.71 (2.82%)

Long/Short

66.4%

Long: 66.4%Short: 33.6%

Funding Rate

+0.0022%

Longs pay

Data provided by COINOTAG DATALive data

BNB

Daily

$776.34

▼ -0.10%

Volume (24h): -

Resistance Levels

Resistance 3$881.4035

Resistance 2$804.2918

Resistance 1$783.92

Price$776.34

Support 1$771.355

Support 2$752.6091

Support 3$718.74

Pivot (PP):$778.6667

Trend:Uptrend

RSI (14):62.2

On September 16, according to data monitored by The Data Nerd, a crypto whale identified as 0x1E7 borrowed 62,000 BNB from the DeFi platform Venus, equating to approximately $34.31 million. This significant volume of BNB was subsequently deposited into Binance, likely for participation in Binance’s Launchpool. Within a 24-hour period, Binance saw a total deposit of about 511,600 BNB, valued at roughly $276.29 million. This strategic move indicates a substantial increase in Binance’s BNB holdings, underscoring the potential high returns perceived by large-scale investors in the Launchpool participation.