According to data from popular crypto tracker Whale Alert, unidentified cryptocurrency whales have moved 1,790,000 BNB between their wallets in the last five hours.
Except for the largest transaction, which held 800,000 Binance Coins valued at $472,499,097, each BNB lump carried roughly 200,000 BNB on average. All of the transfers were done from one anonymous wallet to another, with the exception of two transfers from Binance. Among them is the aforementioned lump sum of 800,000 BNB. The total value of the BNB tokens that have been transferred is $1.057 billion.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 800,000 #BNB (472,499,097 USD) transferred from #Binance to unknown wallethttps://t.co/hJt48WjMXY— Whale Alert (@whale_alert) November 5, 2021
Binance has previously stated that it would begin trading the DAR token against BTC, BNB, BUSD, and USDT coins on November 4th. On Oct. 28, crypto trading platform Binance announced the debut of Mines of Dalaria, the 23rd project on its launch pool (DAR). It’s a Binance Smart Chain-based play-to-earn game.
Since Oct. 29, users have been allowed to cultivate DAR coins by staking their BNB and BUSD for a month. At the time of writing, BNB was trading at $589, down nearly 13% from its all-time high of $675 in May.