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Market Maker Withdraws $13.83M From Binance Alpha, Spikes AKE Price by 115%

Guavy AI Editorial Team
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A market maker has withdrawn $13.83 million worth of AKE tokens from Binance Alpha, causing its price to spike by 115%. The entity controlling the withdrawal now holds at least 12.4 billion AKE tokens, representing over 54% of circulating supply.

This entity is linked to a previous pump that saw AKE's price rise from $0.41 to $0.9.

On-chain data suggests that the market maker withdrew 216 million AKE tokens valued at $13.83 million, which is a significant amount of money.

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