#Cookie Project Transfers $12.55 Million to Binance#

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Overview

Within 8 hours of the announcement of COOKIE's listing on Binance, the Cookie project team transferred 20 million COOKIE tokens, worth approximately $12.55 million, to Binance. This multi-signature wallet previously received a total of 75 million COOKIE from the Cookie deployment wallet on June 13, 2024, and currently holds approximately 20 million COOKIE, worth about $11.33 million. This move is considered a positive response from the project team to the listing of COOKIE on Binance, and also demonstrates the project team's confidence in the Binance platform.

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Analysis

Recently, a multi-signature wallet associated with the Cookie project transferred approximately $12.55 million worth of COOKIE tokens to Binance, attracting market attention. According to Spot On Chain monitoring, within 8 hours of Binance announcing the listing of COOKIE, the multi-signature wallet transferred approximately 20 million COOKIE tokens to Binance. This multi-signature wallet previously received a total of 75 million COOKIE tokens from the Cookie deployment wallet on June 13, 2024, and currently holds approximately 20 million COOKIE tokens, valued at approximately $11.33 million. This move is interpreted as the project team's confidence in the Binance platform and positive expectations for the future circulation and trading of COOKIE tokens on the Binance exchange.

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Cookie project party announced the listing of COOKIE on Binance, within 8 hours, transferred 20 million COOKIE worth about 12.55 million USD to Binance.

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This multi-signature wallet previously received a total of 75 million COOKIE from the Cookie deployment wallet on June 13, 2024, and currently still holds about 20 million COOKIE, worth about 11.33 million USD.

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This behavior may indicate that the project party is optimistic about the listing of COOKIE on Binance and hopes to improve its liquidity and trading volume by depositing tokens on Binance.

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This event also attracted market attention to COOKIE, and its price rose after Binance announced the listing.

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