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150 Million SPACECOIN Transferred on BNB Chain by Suspected Institutional Address

Blockchain data from BscScan shows large transfers from a wallet still holding roughly 500 million tokens, distributed across several new addresses.

BNB

Summary

A suspected project or institutional wallet on the BNB Chain transferred around 150 million SPACECOIN tokens. The source address still holds approximately 500 million tokens, and the transfers were distributed across multiple new wallets, indicating further distribution of the tokens.

Terms & Concepts
  • BNB Chain: A blockchain network developed by Binance supporting smart contracts and decentralized applications.
  • BscScan: A blockchain explorer for the BNB Chain that tracks transactions, addresses, and smart contract activities.
  • SPACECOIN: A token operating on the BNB Chain ecosystem, used for various blockchain-based purposes.