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LA whale transfers $1.6 million to the exchange and still holds $13.8 million on the chain
【Blockchain Rhythm】An interesting on-chain activity has been detected—a wallet that received LA tokens from the project team five months ago recently transferred $1.6 million worth of LA to a major exchange. What signals does this move reveal? This address still holds $13.8 million worth of LA, indicating that this transfer is only a partial reduction.
From the team wallet to the exchange, such large transfers usually attract community attention. Is this a phased profit-taking, or are there other considerations? The holding size remains substantial, and future movements are worth monitoring. On-chain data doesn’t lie; every whale operation is reshaping market expectations.