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

Animoca Brands Moves PIXEL Tokens and Ethereum to Binance

user avatar

by Giorgi Kostiuk

a year ago

  1. Selling PIXEL Tokens
  2. Anticipated PIXEL Token Unlocks
  3. Animoca Brands Sells Ethereum


    4. Animoca Brands, known for its Web3 investments, recently moved a significant amount of PIXEL tokens and Ethereum (ETH) to Binance. This move comes in the wake of the company's latest asset surge.

    Selling PIXEL Tokens

    Animoca Brands, a leading investor in several Pixel funding rounds, recently sold 20 million PIXEL tokens valued at $2.44 million. This occurred after acquiring the assets at $0.13 and selling them at $0.14. Earlier this month, the same address acquired $1.3 million worth of PIXEL, then quickly divested them.

    Anticipated PIXEL Token Unlocks

    Currently, only 22% of PIXEL tokens are in circulation, but the unlock speed is expected to accelerate in 2025. PIXEL peaked at $0.96 in March 2024 during the market's peak but has since declined to its current levels. Despite high on-chain activity, the token's real utility remains subdued.

    Animoca Brands Sells Ethereum

    In addition, Animoca Brands recently moved 5,500 ETH to Binance, presumably to take profits. The recent ETH sale was part of active trading amid the market's fast recovery.

    The recent transactions by Animoca Brands clearly demonstrate their asset management strategy, including trading PIXEL tokens and Ethereum. These actions may be aimed at reviving interest in the project and increasing token visibility.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

South Korea Approves Legislative Framework for Security Token Offerings

chest

South Korea's National Assembly approved amendments to the Capital Market Act and the Act on the Electronic Registration of Stocks and Bonds, enabling security token offerings.

user avatarNguyen Van Long

UK Housing Market Sees Surge in Buyer Optimism

chest

The UK housing market is experiencing a significant shift in sentiment due to a sustained sterling correction and falling mortgage rates.

user avatarJesper Sørensen

Sterling Correction Attracts International Investors

chest

The depreciation of the pound has made UK real estate more attractive to foreign investors, particularly in prime London markets.

user avatarSatoshi Nakamura

European Central Bank Moves Forward with Digital Euro

chest

The European Central Bank has advanced to the next stage of the digital euro project, involving over 70 market participants, with potential pilot exercises starting in mid-2027 and issuance expected in 2029.

user avatarLucas Weissmann

CLARITY Draft Redefines Control in Crypto Markets

chest

The CLARITY draft emphasizes access control over asset origin, shifting regulatory leverage towards centralized and decentralized exchanges and custody providers.

user avatarRajesh Kumar

Philippines Implements Blockchain for Government Documentation

chest

The National Printing Office of the Philippines has selected Venom blockchain to digitize government forms, marking a significant blockchain use case.

user avatarFilippo Romano

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.