CYBER Surges 130% Post-Upbit Listing, $6.18M Transferred to Binance

Recent reports reveal significant transfers to Binance with CYBER tokens moving post-Upbit listing and an ETH whale liquidating a nine-month held position for a $7.52M profit.

ETH

Summary

Two notable crypto transfers to Binance were reported. On August 12, CYBER surged 130% after its Upbit listing, with a multisignature wallet moving 1.744 million tokens worth $6.18M. More recently, an ETH whale (address 0xe42...08A) who bought 6918 ETH at $3,613 in November last year began transferring all tokens in three transactions, netting a $7.52M profit after a nine-month hold.

Terms & Concepts
  • Multisignature Wallet: A digital wallet requiring multiple approvals for executing a transaction, enhancing security for significant crypto transfers.
  • Whale: A market participant known for holding and moving large volumes of cryptocurrency, potentially influencing market prices.