Markets· ★★· bullish·

Whale withdraws 110M Lobster tokens from KuCoin and Gate, 11% of supply

  • —110 million Lobster tokens worth roughly $7.01 million withdrawn
  • —The withdrawal equals 11% of the token's total supply
  • —Funds moved from KuCoin and Gate into two wallets
Why it matters: A large exchange outflow cuts available supply and may signal accumulation ahead of a price move.
Source: PANews