In the past few hours, several massive blocks of Binance Coin have been moved by crypto whales after Binance launched DAR trading pairs
According to data provided by major crypto tracker Whale Alert, over the past five hours, 1,790,000 BNB have been shifted by anonymous cryptocurrency whales between their wallets.
Whales and Binance move $ 1 billion in BNB
Each BNB block contained around 200,000 BNB on average except one, the largest transaction, with 800,000 Binance coins valued at $ 472,499,097.
All transactions were made from one anonymous wallet to another; however, two transfers were made from Binance. The aforementioned package of 800,000 BNB is one of them. The aggregate value of the transferred BNB tokens is $ 1.057 billion.
Binance launches DAR trading after 30-day staking
Earlier, Binance announced that, on Nov. 4, it would start trading the DAR token against BTC, BNB, BUSD and USDT coins.
On October 28, crypto trading platform Binance announced the launch of the 23rd project on its launch pool, Mines of Dalaria (DAR). It is a play-to-earn game running on Binance Smart Chain.
Users can wager their BNB and BUSD for one month to farm DAR coins since October 29.
At press time, BNB is sitting almost 13% below its May all-time high of $675 per coin, trading at $589.