55% of the circulating supply of AKE was transferred to Binance Alpha by four wallets, and the price retraced 65% after surging yesterday.

CoinFeed reported on April 17th that, according to on-chain analyst Yu Jin, over the past four days, 55% of the circulating supply of AKE (12.3 billion coins, worth $8.67 million) was transferred to Binance Alpha by four wallets. This may have caused AKE to pull back by 65% ​​after surging to $0.00158 yesterday. Since these AKE coins started entering Binance Alpha, daily trading volume has surged from $2 million to $34 million.