Massive Cross-Exchange Flow: Whale Routes 24.6M
$NIL to Kraken After MEXC Accumulation
So far, this whale has cycled over 50.8M
$NIL across exchanges, locking in an estimated +$500K in total profit from two major swings.
Accumulated 26.2M
$NIL ($1.29M) from MEXC 3 weeks ago at ~$0.049
Dumped the entire 26.2M
$NIL ($1.62M) back to MEXC 3 days ago at ~$0.062, netting ~$330K profit
Accumulated 24.6M
$NIL ($2.88M) from MEXC 17-18 hours ago at ~$0.117
Routed 24.6M
$NIL ($3.05M) to Kraken over the last 5 hours at ~$0.124, netting an additional ~$170K profit
Exploits cross-exchange liquidity imbalances, absorbing millions of tokens on MEXC during consolidations and providing immediate overhead sell pressure on Kraken during pumps