According to Onchain Lens monitoring 10 hours ago, three wallets deposited 43.38 trillion CHEEMS into Binance, representing an on-exchange transfer valued at roughly $4.99 million. On-chain analytics report these addresses realized an aggregate profit of approximately $1.58 million after a nine-month holding period. The movement was highlighted for its potential impact on available exchange liquidity and short-term market dynamics. Market participants and compliance teams tracking CHEEMS flows should monitor orderbook depth and exchange inflows, as concentrated transfers of this scale can influence volatility and execution risk without implying immediate price direction.
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