$PONS The whale is making a new move.
The wallet that withdrew 69.1 million PONS from the exchange last night has started moving tokens for the first time today.
It transferred 9.48 million PONS back to the same exchange, worth about $2 million.
Since this morning, the amount of ETH in the wallet has also increased from 5,887 to 8,760.
It still holds 59.6 million PONS, about 6% of the total supply.
After these funds were deposited back, the price of PONS fell by about 2.7%.
Compared with its total position worth $33 million, this transfer of just $2 million is only a small portion.
I’m continuing to hold and will keep a close eye on what happens to the remaining 59.6 million PONS.
The wallet that withdrew 69.1 million PONS from the exchange last night has started moving tokens for the first time today.
It transferred 9.48 million PONS back to the same exchange, worth about $2 million.
Since this morning, the amount of ETH in the wallet has also increased from 5,887 to 8,760.
It still holds 59.6 million PONS, about 6% of the total supply.
After these funds were deposited back, the price of PONS fell by about 2.7%.
Compared with its total position worth $33 million, this transfer of just $2 million is only a small portion.
I’m continuing to hold and will keep a close eye on what happens to the remaining 59.6 million PONS.
