A wallet linked to the LSK project deposited 3.29 million LSK into Binance about five hours earlier, according to on-chain analyst Ai Yi (@ai_9684xtpa). The transfer was valued at roughly $3.79 million. The move came after LSK had already fallen from $2 to $1 in its first sharp drop. Shortly after the deposit, the token saw another leg down, sliding from $1.22 to $0.7 before rebounding to $1.17. Coinglass data shows LSK liquidations reached $44.66 million over the past 24 hours, ranking behind only ETH. The figures point to heavy volatility around the token during the latest trading window.
BlockBeats reported on Sept. 13 that an address linked to the LSK project deposited 3.29 million tokens into Binance about five hours earlier, according to monitoring by on-chain analyst Ai Yi (@ai_9684xtpa). The transfer was valued at about $3.79 million.
The deposit came after LSK had already gone through an initial sharp decline from $2 to $1. Not long after the transfer, the token saw a second drop, falling from $1.22 to $0.7 before rebounding to $1.17.
Coinglass data shows LSK recorded $44.66 million in liquidations over the past 24 hours, second only to ETH.
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