According to cryptocurrency onchain data, a whale has started showing renewed interest in Test (TST), which was introduced as a test memecoin by Binance founder Changpeng Zhao.
As is known, the altcoin, which Changpeng Zhao announced was only released for testing, experienced a huge rise and reached very high market values. A few hours ago, TST was listed on the spot market on Binance. Following the listing, the market value of the altcoin almost doubled.
Onchain data shows that a massive crypto whale has re-entered TST following the listing news. The whale wallet paid $1.94 million to buy 4.81 million TST. In previous transactions, the whale paid $49,900 to buy 5.31 million TST and sold it for 205 USDT. In the process, it made a profit of approximately $155,000. It was noteworthy that the whale entered TST at a much higher price than its previous transaction.
At the time of writing, TST is trading at $0.47 and has a market cap of $450 million. The future of the altcoin, which will be listed on Binance in about an hour, remains uncertain for now.
*This is not investment advice.
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