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TechFlow reports, according to on-chain analyst烬 (Yujin), Youbi Capital withdrew 5 million YGG tokens (worth approximately $1.7 million) from Binance one hour ago.
This amount matches the quantity they deposited into Binance after YGG's surge on August 7, suggesting they may have successfully completed a buy-low, sell-high cycle.
Notably, the average deposit price on August 7 was $0.65; the withdrawal occurred on August 9 when the price was $0.337.
Youbi Capital withdrew 5 million YGG (worth approximately $1.7 million) from Binance an hour ago. This amount matches the quantity they deposited into Binance after YGG's surge on August 7, suggesting they may have successfully completed a buy-low, sell-high cycle. Notably, the average deposit price on August 7 was $0.65, while the withdrawal price on August 9 was $0.337.
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