• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

200 Million DUCK Tokens Withdrawn from OKX: What Lies Behind the Unusual Move?

user avatar

by Giorgi Kostiuk

19 hours ago


A recent unusual event in the crypto world saw an anonymous wallet withdrawing 200 million DUCK tokens from the OKX exchange.

What Happened with the DUCK Token Withdrawal?

According to Onchain Lens, an anonymous wallet withdrew 200 million DUCK tokens from OKX, valued at approximately $940,000. About a third of these tokens were deposited into the DUCKChain staking pool.

Why is the OKX Exchange Involved?

OKX is known for its wide range of tokens and high activity. The recent surge in TON ecosystem projects on OKX highlights the exchange's role in this event.

DUCKChain Staking: What Does it Mean?

The DUCKChain staking allows earning rewards and supports the network's operations. It potentially indicates the holder's confidence in the project's future.

The withdrawal from OKX underscores the interest in DUCKChain and its role in the TON ecosystem. The ambiguity of the situation warrants further observation of this anonymous wallet's movements.

0

Share

Other news

Insider Trading Concerns and Warnings for XRP: What's Happening with Ripple

Research found suspicious XRP activity, but insider trading speculation is premature. Social media abuzz with Ripple's future.

user avatarGiorgi Kostiuk

5 minutes ago

FLOKI Shows Bearish Pattern: Breakout Risk with Price Fall

Observers predict potential FLOKI price drop. Symmetrical triangle pattern hints at possible bearish breakout.

user avatarGiorgi Kostiuk

5 minutes ago

SUI Demonstrates Resilience in Cryptocurrency Market, Surpassing TON in Stablecoin Transfers

SUI strengthens its position in the cryptocurrency market, showing growth in stablecoin volumes and consistent price movement within a channel.

user avatarGiorgi Kostiuk

5 minutes ago

IMF: New Approach to Cryptocurrencies in the Global Economy

IMF updates guidelines, adding Bitcoin and cryptocurrencies to balance of payments.

user avatarGiorgi Kostiuk

19 minutes ago

Why Whale Activity in PancakeSwap (CAKE) Grew by 440%

Whale activity around CAKE surged 440%. We explore the reasons and its impact on PancakeSwap's price.

user avatarGiorgi Kostiuk

24 minutes ago

Why Ripple Didn't Peak After SEC Case Withdrawal

SEC has dropped its lawsuit against Ripple, yet XRP's value hasn't significantly increased. Investors are anticipating new growth drivers.

user avatarGiorgi Kostiuk

29 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.