TechFlow News — According to monitoring by Twitter user Yu Jin, 8 hours ago, BlockTower Capital (labeled as such on the MetaDockTeam blockchain explorer plugin) claimed 9.81 million $YGG from an YGG unlock contract and then transferred 6.5 million YGG (approximately $1.5 million) to Binance.
BlockTower was a seed-round investor in YGG. Since July 28, 2021, BlockTower has cumulatively unlocked and claimed 15.29 million YGG tokens. Of these 15.29 million $YGG, 1 million YGG were sold via Uniswap, while 10.98 million YGG were transferred to Binance. Based on the price at the time of depositing into exchanges, the total proceeds from selling these 15.29 million YGG amount to approximately $32.44 million, averaging $2.12 per token. Notably, 3.9 million YGG were transferred to Binance between November 18 and 22, 2021—precisely during YGG’s all-time high period when prices ranged between $8 and $11.Original link
