• 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

Costco Tightens Returns Policy Amid Digital Transformation

chest

Costco is tightening its returns policy and enhancing its mobile app features to protect margins.

user avatarMaria Gutierrez

LightBar Develops Technology to Combat AI Copyright Infringement

chest

LightBar develops technology to combat AI copyright infringement.

user avatarDavid Robinson

Hollywood Studios Take Legal Action Against AI Infringement

chest

Major Hollywood studios, including The Walt Disney Company and Paramount Pictures, have taken legal action against ByteDance for alleged unauthorized use of copyrighted characters and performers' likenesses in its Seedance 20 model.

user avatarAndrew Smith

Bitcoin Price Drops Below Critical Support Levels.

chest

Bitcoin's price has failed to maintain stability above the 70,000 mark and has started a decline, trading below 68,800.

user avatarJacob Williams

Figure Technology Confirms Data Breach Due to Social Engineering Attack

chest

Figure Technology has confirmed a data breach caused by social engineering, resulting in the theft of customer files and exposure of sensitive personal information.

user avatarZainab Kamara

Shiba Inu SHIB Creates Millionaires in 2021 Bull Run

chest

Shiba Inu SHIB generated several millionaires during the 2021 bull run, but its price has significantly decreased since then.

user avatarAyman Ben Youssef

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.