According to data provided by cryptocurrency onchain data tracking service Lookonchain, an altcoin b
According to data provided by cryptocurrency onchain data tracking service Lookonchain, an altcoin began to attract intense interest from whales after news of its listing on Binance came.
The memecoin sudeng (HIPPO) was recently listed on Binance futures, but is not yet listed on the spot market.
HIPPO, the largest memecoin on the SUI ecosystem, has become the target of accumulation for three major crypto whales following the listing news.
The first of these whales, consisting of newly created crypto wallets, purchased HIPPO from decentralized crypto exchanges by withdrawing $143,000 worth of SUI via Binance. The other whale similarly withdrew $141,000 worth of SUI and started saving from memecoin. Finally, the third crypto whale purchased HIPPO by withdrawing $101,000 worth of SUI coins to a fresh wallet via Binance.
Since HIPPO's market value before the announcement was around $100 million, whale purchases are significant in percentage terms.
The HIPPO price has increased by 55% in the last 24 hours. The token is not traded on the spot market on Binance or Coinbase, but can be bought and sold on exchanges such as Kucoin, HTX and Gateio.
*This is not investment advice.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
South Korea: Upbit Investigated for Over 500,000 KYC Violations
MacBook Users with Intel Chips Urged to Update for Enhanced Security
Solana-Based Trading Terminal DEXX Hacked, Over $21M in User Losses
South Korea to Enforce 20% Crypto Tax in 2025 with Increased Exemption Limit
0.00