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TechFlow reports, according to @OnchainDataNerd monitoring, two hours ago, a whale address 0x552 deposited its entire holding of 10.7 million OCEAN tokens (approximately $6.58 million) into Coinbase. The whale had accumulated these tokens last year at a cost of $4.69 million. Currently, Coinbase has stated it will not support the merger of three tokens; if the whale chooses to sell these tokens, it would realize a profit of approximately $1.89 million.
According to @OnchainDataNerd, two hours ago, a whale address 0x552 deposited its entire holdings of 10.7 million OCEAN tokens (approximately $6.58 million) into Coinbase. The whale had accumulated these tokens last year at a cost of $4.69 million. Currently, Coinbase has stated it will not support the token merger for three tokens. If this whale decides to sell the tokens, it would realize a profit of approximately $1.89 million.
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