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TechFlow reported, according to OnchainDataNerd's memo, 647 million $LEVER tokens (approximately $2.6 million) were transferred from a multisig wallet to three wallets two hours ago, and all funds were subsequently deposited into Binance.
The deposit of tokens representing 2.6% of the total supply is expected to cause significant price volatility for $LEVER.
According to OnchainDataNerd, 3 wallets received 647 million $LEVER (approximately $2.6 million) 2 hours ago from a multi-signature wallet and subsequently deposited all funds into Binance. With 2.6% of the token supply being deposited, the price of $LEVER is expected to experience significant volatility.
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