In a thrilling turn of events, ID, the native token of the Space ID platform, echoed a torrent of speculative buzz across the global crypto horizon on Friday as the token’s price surged phenomenally over the past 24 hours. Amid the token’s phenomenal surge, a trader appears to have offloaded 5 million ID, worth $3.1 million, to Binance, a prominent cryptocurrency exchange.
Meanwhile, the token’s recent listing on UpBit, a South Korean crypto exchange, appears to be fueling the ID price upswing. Following this, the trader’s colossal dump to Binance birthed additional inferences for the token, garnering noteworthy interest among crypto market enthusiasts.
A Closer Look Into The Report
According to the data revealed by SpotOnChain, the wallet 0z1c7b48 shifted 5 million ID, worth $3.1 million, to Binance today, February 9. The tokens shifted to Binance were distributed via a Space ID Distributor contract sixteen days ago.
Intriguingly, the trader seems to be an investor in the Spac
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