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Linked Wallet Sends $1.8 Million in LINEA Tokens to Binance

According to Onchain School, a wallet tied to a project’s main funds sent $1.8M in LINEA to Binance via Flow Trades, totaling $4.5M transferred this month.

FLOW

Summary

Onchain School reported that a wallet receiving LINEA tokens from a project’s main wallet transferred $1.8 million worth to Binance through Flow Trades. This is the wallet’s third such transfer in the current month, raising the total LINEA moved to Binance in this period to $4.5 million.

Terms & Concepts
  • LINEA tokens: Digital assets from the LINEA blockchain network, used for transactions and decentralized applications.
  • Binance: A major global cryptocurrency exchange allowing users to trade a wide range of digital assets.
  • Flow Trades: An intermediary or process used to route cryptocurrency transactions to exchanges.