Exchanges· ★★· bearish·

Crypto.com moves 500 million CRO to unknown wallet

  • 500 million CRO transferred, worth about $28.6 million
  • CRO recently rose 11.92%, then fell 10.1%
  • The recipient of the transfer and its purpose are unknown
Why it matters: A large transfer from an exchange could signal preparation for a sale or a strategic move, weighing on the CRO price.
Source: Coinfomania