On March 7, the Binance Bitcoin Exchange, leading in terms of trading volumes, was transferred to 333,539,853 IOST ($ 2.666 million). Soon after, IOST / BNB and IOST / USDT trading pairs appeared on the platform.
338,539,853 #IOST (2,666,162 USD) transferred from Unknown wallet to #Binance
Tx: https://t.co/7lp3zQpplr
– Whale Alert (@whale_alert) March 7, 2019
#Binance Adds $ IOST / $ BNB and $ IOST / $ USDT Trading Pairs https://t.co/Fjpo4RCC8k pic.twitter.com/rOiZQc7WDu
– Binance (@binance) March 21, 2019
Against the background of the listing, the price of the asset rose by more than 15% when compared with the quotes on the day of the transfer.
CoinMarketCap data
Note that two days before the listing, the exchange also announced the distribution of tokens 10,000 BNB to those traders who will conduct the largest number of purchase / sale transactions from IOST until March 28.
$ IOST Trading Competition – $ 10,000 BNB to Give Away! https://t.co/isYeAQOiJG pic.twitter.com/UD6pUrMETi
– Binance (@binance) March 20, 2019
Thus, if on March 7 the daily trading volume did not exceed $ 13 million, and in the following days it fell to $ 4– $ 6 million, then on March 20 the figure reached $ 30.6 million. On the day of listing, the volume amounted to $ 60.7 million.
CoinMarketCap data
Earlier, three similar transfers were noted at Binance, followed by an increase in the price of assets after listing pairs with BNB and USDT. The first to notice such a dynamic was the operator of the Youtube-channel “ Kopeechka in the wallet ”.
On the Bitcoin market Binance recorded anomalous transactions before listing shopping pairs https://t.co/XxI3qXEo0g #Binance # Exchange
– BlockchainJournal (@BlockchainJournal) March 9, 2019
Last time, representatives of the exchange refused to comment on the situation.
Subscribe to BlockchainJournal on Facebook !
BlockchainJournal.news
BlockchainJournal.news
