Suspected Upbit Wallet Transfers 36 Million LOOM Worth Approximately $17.7 Million


This article has been republished with permission from Binance News.

On October 15, Lookonchain monitoring reported that a wallet presumably connected to Upbit had transferred about 36 million LOOM tokens, equating to roughly $17.7 million USD. As reported by BlockBeats news, the wallet under scrutiny presently holds about 617 million LOOM tokens, estimated at around $283 million USD, or around 47.5% of the total LOOM supply.

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