#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 to the Binance listing and demonstrates the project team's confidence in future development.

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Analysis

Recently, after Binance announced the listing of the COOKIE token, a multi-signature wallet associated with the Cookie project transferred approximately 20 million COOKIE tokens, worth about $12.55 million, to Binance within 8 hours. This multi-signature wallet previously received a total of 75 million COOKIE tokens from the Cookie deployment wallet on June 13, 2024, and currently still holds about 20 million COOKIE tokens, worth approximately $11.33 million. This move has been interpreted as a positive response from the project team to the Binance listing, and also demonstrates the project team's confidence in the Binance platform.

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Cookie project party transferred approximately 20 million COOKIE tokens worth about 12.55 million USD to Binance within 8 hours after announcing the listing of COOKIE on 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 holds approximately 20 million COOKIE, worth about 11.33 million USD.

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This could be funds prepared by the project party for market promotion or other operational activities after listing on Binance.

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It could also indicate that the project party is confident in the future development of COOKIE and hopes to expand its influence through Binance's platform.

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