Whale Deposit Sparks Price Drop In $ZIG On Bybit

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A significant deposit of $ZIG tokens has been detected in the CEX Flows section, raising eyebrows in the crypto community. A wallet, identified as 0x905d, transferred 22 million $ZIG tokens, valued at approximately $3.08 million, to the Bybit exchange within the past 24 hours. The 0x905d wallet is suspected to belong to an insider. On July 26, 2023, this wallet received 92.68 million $ZIG at an average price of $0.0056 per token. This amount represents about 4.8% of the total supply of $ZIG, indicating a substantial holding. $ZIG Price Reacts Following Recent Token Movements  Following this massive deposit, the price

The post Whale Deposit Sparks Price Drop In $ZIG On Bybit appeared first on The Merkle News.

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