Whale Forfeits $732k Moving Coins to Binance; InQubeta Breaks $2.4 Million Barrier

While the cryptocurrency landscape is presently experiencing volatile price changes, unforeseen outcomes are also rising, especially with altcoins. Worthy of note is the whale who lost about $732k and how InQubeta (QUBE) crossed the $2.4 million mark in its presale.

A Whale Becomes Bear

Altcoins have served as investors’ goldmines and innovative vehicles for the cryptocurrency space. For this reason, new tokenized projects are scrutinized to predict their future in the ecosystem. If they pass the test, they stand a high chance of success.

However, in what can only be described as surprising, an altcoin whale sold assets worth $2.52 million and accrued a total loss worth $723,000.

Reports reveal that the whale deposited 934,524 Arbitrum (ARB) tokens, 514,122 Lido DAO tokens, and 172,585 Uniswap (UNI) tokens on Binance. These transactions and others carried out suffered different percentage losses, which include 3.49% for ETH, 8.40% on ARB, 22.1% on LIDO, and 25.1% for UNI.

Apparently, the regression of the crypto market played a massive role in the loss. Though unconfirmed, many take the losing transactions as a sign of giving up on the whale’s side. In other news, some token holders are not giving up just yet.

InQubeta (QUBE), a project aiming to change the narrative when it comes to funding for AI startups, seems to be a hit if one is to judge by the numbers. Having sold over 80% of the QUBE token on offer during Stage 3 of its presale, InQubeta has raised over $2.4 million.

Visit InQubeta Presale

The InQubeta (QUBE) Advantage

According to Statista, the AI market, which covers a vast number of industries, has a value of nearly $100 billion and is expected to grow to almost $2 trillion. The intersection of AI and crypto creates an even more robust market whose potential is yet to be imagined.

InQubeta is creating a more transparent, secure, and democratic investment ecosystem that supports the growth and success of AI technology startups by leveraging the power of blockchain and smart contracts.

QUBE is the t

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Author: BeInCrypto Team

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