BEER Coin and O 2 are on Crypto Exchanges: The Team is Selling Too!

The cryptocurrency market is full of some important developments that investors follow closely on Sunday, June 16. Apart from BEER coin, there were also remarkable transfer and sales processes in other assets such as STRK and PEOPLE. These movements have the potential to influence market psychology and direct price movements.

Amber Group transferred STRK to Binance

The cryptocurrency market had an active day on Sunday, June 16. Data from blockchain tracking platforms point to some valuable transfers and sales that investors follow closely. According to news, major cryptocurrency investment company Amber Group transferred 1.2 million STRK to Binance 10 hours ago. The transfer fee was calculated as approximately 1.13 million dollars. This transfer may also be linked to the STRK price. Because STRK price has lost 17% of its value in the last 7 days and is currently trading at $ 0.9219. This transfer of Amber Group can be interpreted as a signal that investors’ interest in STRK has decreased. However, the exact reason behind the transfer is not yet clear.

PEOPLE withdrawn from OKX

In another important development, it was seen that a wallet withdrew 9 million PEOPLE from the OKX exchange. This transaction, detected by Lookonchain, refers to a transfer of approximately $ 1 million. PEOPLE is currently among the most traded assets in the cryptocurrency market. This attraction may affect the supply of PEOPLE held by investors and thus change price movements.

BEER coin team is thought to be selling coins

Finally, a wallet thought to be linked to the Beercoin group moved the market by selling 5.43 billion BEER. Lookonchain information reveals that this sale was worth $1.13 million. It is stated that the sold BEERs were transferred from the Beercoin group wallets (7yfvQX and 8VY4LF). This situation can be interpreted as the Beercoin group selling to ensure supply-demand stability. However, it is worth noting that the exact reason behind the sale is not yet known.

The cryptocurrency market has a dynamic structure that investors always follow. These types of transfers and sales can influence market psychology and direct price movements. It will become clearer in the coming days what impact Amber Group’s STRK transfer, PEOPLE’s withdrawal from OKX and the sale of the Beercoin group will have on the market.

This news summarizes the developments that investors interested in the cryptocurrency market should follow closely. It is important for investors to take such news and market analyzes into consideration when making their own investment decisions. However, it should not be forgotten that the cryptocurrency market may vary and it may be useful to use technical analysis as well as news in investment decisions.