A closer look at the recent trends


COINOTAG News reported on December 26 that the famous **on-chain** analyst Yu Jin has identified an important activity within the **CREAM** token ecosystem. Huang Licheng, known as **Machi Big Brother**, has recently executed a massive transfer of **250,000 CREAM** tokens, valued at approximately **$4.05 million**, to **Binance ** just three hours ahead. This action follows a previous repurchase and transfer where Licheng withdrew ** 498,000 CREAM tokens ** from engagement and subsequently transferred ** 349,000 tokens **additional – approximately **$5.8 million** in total. In particular, these transactions represent an incredible **12% of CREAM's total supply** of **2.92 million tokens**, underscoring the influence and activity of key market participants in the digital currency space. Such movements can have a significant impact on market dynamics, providing insight into liquidity trends and investor sentiment within the **DeFi** sector.

Source: https://en.coinotag.com/breakingnews/huang-licheng-moves-4-05-million-in-cream-tokens-to-binance-a-closer-look-at-the-recent-transfers/



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *