{"id":542222,"date":"2023-07-11T19:00:05","date_gmt":"2023-07-11T19:00:05","guid":{"rendered":"https:\/\/ktsl888.com\/?p=542222"},"modified":"2024-06-11T09:25:02","modified_gmt":"2024-06-11T09:25:02","slug":"bnb-whale-moves-35-million-to-binance","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bnb-whale-moves-35-million-to-binance\/","title":{"rendered":"BNB Whale Moves $35 Million To Binance Ahead Of Arkham (ARKM) Sale"},"content":{"rendered":"

In a stunning development that has reverberated throughout the cryptocurrency community, a massive whale transaction involving $35 million worth of BNB deposits has sent shockwaves through the upcoming ARKM token sale on Binance.\u00a0<\/span><\/p>\n

Unveiling the Whale’s Enormous BNB Deposit for ARKM Token Sale<\/h2>\n

Lookonchain, an on-chain smart money analytical platform, has shed light on this extraordinary event, revealing that the <\/span>whale<\/span> strategically divided the deposits into four batches across different Binance deposit addresses.\u00a0<\/span><\/p>\n

\n

A giant whale deposited 141,835 $BNB<\/a> ($35M) to #Binance<\/a> 3 hrs ago through 4 Binance deposit addresses.<\/p>\n

The whale may participate in the Arkham (ARKM) token sale.<\/p>\n

Due to the purchase cap of 300K $ARKM<\/a>, the whale deposited $BNB<\/a> to 4 Binance accounts in order to buy more $ARKM<\/a>. pic.twitter.com\/9hlSCPLlKj<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) July 11, 2023<\/a><\/p><\/blockquote>\n

The timing and magnitude of this transaction have ignited speculations about the whale’s intentions and its potential impact on the ARKM token sale, heightening anticipation within the industry.<\/span><\/p>\n

Related Reading: Solana (SOL) Outperforms Top Coins With 14% Gains In Last Week<\/a><\/p>\n

Lookonchain’s report highlights the staggering scale of the whale’s deposit, amounting to a remarkable 141,835 BNB tokens valued at an astounding $35 million.\u00a0<\/span><\/p>\n

As industry observers dissect the implications of this massive deposit, the crypto community eagerly awaits further developments surrounding the ARKM token sale.<\/span><\/p>\n

Strategic Maneuvering to Surpass ARKM Limit per User<\/h2>\n

The timing and nature of the whale’s deposit suggest a calculated strategy to bypass the imposed ARKM limit per user. Lookonchain’s analysis posits that by utilizing multiple Binance accounts, the whale aims to acquire a larger allocation of ARKM tokens than the prescribed limit of 300,000 per participant.<\/span><\/p>\n

\"Binance<\/p>\n

BNB price recovers ahead of Arkham sale | Source: BNBUSD on TradingView.com<\/a><\/pre>\n
This crafty maneuver has sparked conversations about the potential impact on the token sale’s dynamics and has set the stage for an intriguing battle between the whale and the established rules of participation.<\/span><\/p>\n
In preparation for the highly anticipated ARKM token sale, Binance has unveiled a comprehensive four-step plan that ensures a fair and transparent process for all participants.\u00a0<\/span><\/p>\n
The stages include a meticulous calculation of participants’ balances during the preparation period, followed by a subscription period where users commit their BNB tokens by signing a Token Purchase Agreement.<\/span><\/p>\n
Related Reading: MATIC Gains 10% In One Day, Is A Price Rally Coming?<\/a><\/div>\n
Subsequently, the calculation period concludes the subscription phase and marks the initiation of token allocation calculations. Finally, the token sale culminates with the Final Token Distribution stage, where BNB tokens are deducted and users receive their ARKM and remaining BNB tokens.<\/span><\/p>\n
The implications of the whale’s actions on the allocation process and the overall dynamics of the sale remain uncertain. But w<\/span>ith Binance’s carefully orchestrated four-step plan in place, the industry is bracing itself for a high-stakes showdown that could reshape the landscape of this eagerly anticipated token sale.<\/span><\/p>\n
Featured image from Blockchain Media Indonesia, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"
In a stunning development that has reverberated throughout the cryptocurrency community, a massive whale transaction involving $35 million worth of BNB deposits has sent shockwaves through the upcoming ARKM token sale on Binance.\u00a0 Unveiling the Whale’s Enormous BNB Deposit for ARKM Token Sale Lookonchain, an on-chain smart money analytical platform, has shed light on this extraordinary event, revealing that the whale strategically divided the deposits into four batches across different Binance deposit addresses.\u00a0 A giant whale deposited 141,835 $BNB ($35M) to #Binance 3 hrs ago through 4 Binance deposit addresses. The whale may participate in the Arkham (ARKM) token sale. Due to the purchase cap of 300K $ARKM, the whale deposited $BNB to 4 Binance accounts in order to buy more $ARKM. pic.twitter.com\/9hlSCPLlKj \u2014 Lookonchain (@lookonchain) July 11, 2023 The timing and magnitude of this transaction have ignited speculations about the whale’s intentions and its potential impact on the ARKM token sale, heightening anticipation within the industry. Related Reading: Solana (SOL) Outperforms Top Coins With 14% Gains In Last Week Lookonchain’s report highlights the staggering scale of the whale’s deposit, amounting to a remarkable 141,835 BNB tokens valued at an astounding $35 million.\u00a0 As industry observers dissect the implications of this massive deposit, the crypto community eagerly awaits further developments surrounding the ARKM token sale. Strategic Maneuvering to Surpass ARKM Limit per User The timing and nature of the whale’s deposit suggest a calculated strategy to bypass the imposed ARKM limit per user. Lookonchain’s analysis posits that by utilizing multiple Binance accounts, the whale aims to acquire a larger allocation of ARKM tokens than the prescribed limit of 300,000 per participant. BNB price recovers ahead of Arkham sale | Source: BNBUSD on TradingView.com This crafty maneuver has sparked conversations about the potential impact on the token sale’s dynamics and has set the stage for an intriguing battle between the whale and the established rules of participation. In preparation for the highly anticipated ARKM token sale, Binance has unveiled a comprehensive four-step plan that ensures a fair and transparent process for all participants.\u00a0 The stages include a meticulous calculation of participants’ balances during the preparation period, followed by a subscription period where users commit their BNB tokens by signing a Token Purchase Agreement. Related Reading: MATIC Gains 10% In One Day, Is A Price Rally Coming? Subsequently, the calculation period concludes the subscription phase and marks the initiation of token allocation calculations. Finally, the token sale culminates with the Final Token Distribution stage, where BNB tokens are deducted and users receive their ARKM and remaining BNB tokens. The implications of the whale’s actions on the allocation process and the overall dynamics of the sale remain uncertain. But with Binance’s carefully orchestrated four-step plan in place, the industry is bracing itself for a high-stakes showdown that could reshape the landscape of this eagerly anticipated token sale. Featured image from Blockchain Media Indonesia, chart from TradingView.com<\/p>\n","protected":false},"author":594,"featured_media":542223,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[88606,88607,10768,11427,79524,79611],"class_list":["post-542222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-arkham","tag-arkm","tag-binance","tag-bnb","tag-bnbusd","tag-bnbusdt"],"acf":[],"yoast_head":"\nBNB Whale Moves $35 Million To Binance Ahead Of Arkham (ARKM) Sale<\/title>\n<meta name=\"description\" content=\"A massive whale transaction involving $35 million worth of BNB deposits has sent shockwaves through the upcoming ARKM token sale on Binance.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/ktsl888.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"BNB Whale Moves $35 Million To Binance Ahead Of Arkham (ARKM) Sale","url":"http:\/\/ktsl888.com\/news\/bnb-whale-moves-35-million-to-binance\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bnb-whale-moves-35-million-to-binance\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/BNB.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/BNB.jpeg?fit=1068%2C700"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["arkham","arkm","binance","bnb","bnbusd","bnbusdt"],"dateCreated":"2023-07-11T19:00:05Z","datePublished":"2023-07-11T19:00:05Z","dateModified":"2024-06-11T09:25:02Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"BNB Whale Moves $35 Million To Binance Ahead Of Arkham (ARKM) Sale\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bnb-whale-moves-35-million-to-binance\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bnb-whale-moves-35-million-to-binance\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/BNB.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/BNB.jpeg?fit=1068%2C700\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"arkham\",\"arkm\",\"binance\",\"bnb\",\"bnbusd\",\"bnbusdt\"],\"dateCreated\":\"2023-07-11T19:00:05Z\",\"datePublished\":\"2023-07-11T19:00:05Z\",\"dateModified\":\"2024-06-11T09:25:02Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/BNB.jpeg?fit=1068%2C700","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/542222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=542222"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/542222\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/542223"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=542222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=542222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=542222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}