Whale Moves: 512 ETH Withdrawn as Binance Lists ACX

On December 6th, COINOTAG News reported a significant movement within the crypto market following Binance’s recent listing announcement. According to analytics from Onchain Lens, a notable whale address, identified by its prefix 0x4e, executed a withdrawal of 512 ETH, translating to an impressive $2 million.

In a strategic move, the whale promptly utilized 510 ETH to secure 1,267,251 ACX, effectively amplifying their investment in the burgeoning token. This transaction showcases the growing interest in ACX, a digital asset gaining traction.

Subsequently, all acquired assets were deposited into Binance, suggesting a strong endorsement of the platform. This activity underscores the importance of tracking whale movements, as they can have profound implications on market liquidity and investor sentiment.