B2 Token Price Jumps 120% After Maker Deposits 13M Coins into Binance Alpha
A sudden influx of B2 tokens has shaken up the market, with Maker depositing 13 million coins valued at $10.44 million into Binance Alpha.
The same addresses that handled SIREN, AKE, XPIN, and BTR flows in the past have been involved in this transaction, which took place just one month after acquiring the batch for $4.27 million at $0.47 per token.
This move has already shown its impact, with B2's price spiking 120% from $0.41 to $0.9 in just one afternoon.
The market data suggests that while B2 is currently sitting at $0.72 on the 4h chart, it may be due for a healthy retracement towards the 50-EMA support at $0.44 before further continuation.