#Cookie Project Transfers $12.55 Million to Binance#

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Overview

Recently, a multi-signature wallet associated with the Cookie project transferred approximately $12.55 million worth of COOKIE tokens to Binance. This transfer occurred within 8 hours of Binance announcing the listing of COOKIE. 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 around $11.33 million. This move indicates the Cookie project's confidence in the Binance platform and may foreshadow the project's future development on the Binance platform.

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Analysis

According to blockchain data platform Spot On Chain, within 8 hours of Binance announcing the listing of COOKIE, a multi-signature wallet associated with the Cookie project transferred approximately 20 million COOKIE tokens to Binance, valued at around $12.55 million. 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 around $11.33 million. This move is interpreted as a positive response from the Cookie project team to the Binance listing and may signal further development of the project.

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Cookie project party announced the launch of COOKIE on Binance, and within 8 hours, transferred 20 million COOKIE worth approximately $12.55 million 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 approximately 20 million COOKIE, worth approximately $11.33 million.

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This event may indicate that the Cookie project party is optimistic about the launch of COOKIE on Binance and hopes to support its trading on Binance by transferring funds.

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This move may also indicate that the Cookie project party is confident in its future development and hopes to expand its influence through Binance's platform.

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