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45d 4h ago

Whale Withdraws 8.515M PROVE from Binance and Bybit, Elevating Holdings to 25.97M PROVE (Worth $21.14M)

Whale Withdraws 8.515M PROVE from Binance and Bybit, Elevating Holdings to 25.97M PROVE (Worth $21.14M)

According to OnchainLens data, a prominent PROVE holder executed a withdrawal of 8,515,000 PROVE from Binance and Bybit, a move valued at roughly US$6.84 million at current pricing. The transfer underscores ongoing active management of large-cap crypto positions within the PROVE ecosystem. Post-move, the wallet address 0x352ba073ef59b4fc871225f381665ba31c118792 now controls a total of 25,970,000 PROVE, with an estimated market value of US$21.14 million. This level of concentration highlights meaningful exposure to the asset class and may influence near-term liquidity dynamics. Investors should watch for subsequent redeployments or liquidity moves that could reflect evolving strategic intent within the Prove network.

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