Whale Withdraws 14,770 SOL from Binance, Sparking Price Surge in Pnut and ACT

On November 11th, COINOTAG reported a noteworthy withdrawal activity in the cryptocurrency market. Monitoring by LookIntoChain revealed that a significant whale withdrew approximately 14,770 SOL, valued at around $3.03 million, from Binance. This strategic move facilitated the purchase of Pnut and ACT, subsequently triggering a remarkable price escalation for both tokens. Specifically, the investor allocated 12,000 SOL (about $2.46 million) to acquire 9.24 million Pnut at a unit price of $0.266, while 2,000 SOL (roughly $410,000) was utilized to secure 2.04 million ACT at $0.2. Such movements underscore the substantial influence that large-scale investors wield over market dynamics, particularly in the burgeoning altcoin sector.