Eurite, 10% of total supply moves to Binance…concerns over selling pressure and volatility
概要
- It has been reported that approximately 10% of the total supply of Eurite (EURI) was moved to Binance wallets.
- On-chain data analysis firm Santiment stated that such large-scale movements have historically led to significant sell-offs.
- On the 17th, Eurite was trading at USD 1.1554 on Binance's USDT market, down 0.34% from the previous day.
A large amount of Eurite (EURI), ranked 521st among crypto assets (cryptocurrencies) with a market capitalization of approximately USD 50.9 million, has been transferred to Binance wallets.
It has been identified that around 10% of the total supply of the Euro-pegged stablecoin Eurite (EURI) was moved to the global crypto asset (cryptocurrency) exchange Binance. Eurite's market capitalization stands at USD 50.9 million.
On the 17th (local time), on-chain data analysis firm Santiment stated on its official X account, "Historically, coins reported in Santiment whale withdrawal records have often led to large sell-offs."
As of 16:45 on the 17th, Eurite was trading at USD 1.1554 on Binance's Tether (USDT) market, down 0.34% from the previous day.
Heecheol Yang
heecheol@bloomingbit.ioこんにちは、bloomingbit記者です。
