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Whales started selling in Tellor (TRB), which has long attracted attention with its rise and whale accumulation.
According to Lookonchain's post, three different wallets belonging to the same whale deposited 64,109 TRB worth $5.34 million to Binnace.
Balina will earn approximately $1.3 million after selling the TRBs he deposited on Binance.
“3 different wallets belonging to the same whale deposited 64,109 TRB (worth $5.34 million) to Binance in the last 2 hours.
While the average purchase cost of these 3 wallets will be approximately $62, the whale will earn approximately $1.3 million after the sale.”
3 wallets (belonging to the same whale) deposited 64,109 $TRB($5.34M) to #Binance in the past 2 hours.
The average buying cost of these 3 wallets is ~$62 and the whale will make ~$1.3M after selling.https://t.co/1gaWayjSuBhttps://t.co/sBjbqKXrBE pic.twitter.com/esDp9qjPpS
— Lookonchain (@lookonchain) November 27, 2023
As you may remember, in a previous post, Lookonchain pointed out that the TRB price has increased by 550% since August 25 and said, “If you want to short TRB, you should pay attention to these whale addresses.” he said.
Lookonchain also warned investors about the possibility of a dump in TRB at any time.
TRB, which rose to $140 at the beginning of November, continues to trade at $76.4 with a decline of more than 40%.
*This is not investment advice.