Coin

<ul class="news-points"> 
 <li><strong>Lookonchain has observed an ongoing dump of YGG tokens by investors.</strong></li> 
 <li><strong>Significant amounts of YGG were transferred by investors to centralized exchanges.</strong></li> 
 <li><strong>The nature of the transfers suggested an imminent YGG dump after a recent price rally.</strong></li> 
</ul> 
<p>Lookonchain, the smartmoney on-chain platform, has observed an ongoing dump of YGG tokens by investors. In a recent tweet, the crypto on-chain data platform noticed significant YGG transfers into centralized exchanges. The nature of the transfers suggested an imminent YGG dump after a recent price rally.</p> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr">Investors continue to dump <a href="https://twitter.com/search?q=%24YGG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$YGG</a>!<br><br>Youbi Capital deposited 1M <a href="https://twitter.com/search?q=%24YGG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$YGG</a>($613K) to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> 9 hrs ago and currently holds 11.6M <a href="https://twitter.com/search?q=%24YGG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$YGG</a>($7.11M).<a href="https://t.co/mISJd4Mya0" target="_blank" rel="noopener noreferrer nofollow">https://t.co/mISJd4Mya0</a><br><br>Sfermion claimed 1.2M <a href="https://twitter.com/search?q=%24YGG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$YGG</a> ($735K) and deposited to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> through <a href="https://twitter.com/hashtag/FalconX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#FalconX</a> 11 hrs ago.<a href="https://t.co/ddQPqOp2VZ" target="_blank" rel="noopener noreferrer nofollow">https://t.co/ddQPqOp2VZ</a> <a href="https://t.co/RfSp2BAecO" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/RfSp2BAecO</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1688380666755665920?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 7, 2023</a> 
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<p>According to Lookonchain, Youbi Capital deposited One million YGG, equivalent to $613,000, to the Binance exchange and currently holds 11.6 million YGG, worth $7.11 million. Lookonchain also observed that Sfermion, a multi-strategy investment firm focused on the immersive internet, claime…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/ygg-price-initiates-a-pullback-as-investors-begin-to-dump-tokens/">YGG Price Initiates a Pullback as Investors Begin to Dump Tokens</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

YGG Price Initiates a Pullback as Investors Begin to Dump Tokens

Coin Edition

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