May 26, 21:05
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Wallets linked to dYdX Foundation deposited DYDX to Binance
Outflow
Related addresses
Total tokens transferred
3.273M
DYDX
Two wallets (linked to the dYdX foundation) just jointly deposited 3.273M DYDX ($6.68M) to Binance at $2.04 on average:
- address 1: 0xfe62c921ba86df0195b7798d03b02c059cf22fc0 deposited 1.69M DYDX (3.42M) (txn: 0x43d10665d8366ba2d7f327f2bc882bf8732b0934d1bea8691dd6053709e71d44)
- address 2: 0xfd58bda3a8ab1797cd0617e658352a3eb0bba751 deposited 1.59M DYDX ($3.22M) (txn: 0x456bae8585cb87c8da80a2eca2421b3a30bcd5cf67ba83e1b847b9ad692f4562)
Notably, these DYDX tokens were released from the dYdX Foundation 3 years ago when the price was $10.3 and had passed through several wallets before going to Binance recently. Hence, they likely belonged to investors, market makers, or the project itself.
Fig 1. Two wallets (linked to the dYdX foundation) jointly deposited 3.273M DYDX ($6.68M) to Binance at $2.04 on average.