Whale 0xcd3 deposited 300,000 AXS ($2.09M) to Binance at $6.953:

• transaction: 0xad88963671a5b5c02b38c71fdfa40d9ac5899aac5251b975f374c47b9922c1b1
• address: 0xcd35307501ffa76afd70c839227295b35bf14fd3

Notably, the whale:

• accumulated a total of 708,227 AXS from OKX at an average price of $5.618 (estimated cost: $3.98M) between July 24 and November 24, 2023
• then bridged his AXS into a Ronin wallet and allegedly played Axie Infinity to earn more AXS
• has deposited 431,208 AXS to OKX and Binance at an average price of $6.682 ($2.88M) so far since August 1. Specifically, the deposit just now was the largest outflow transfer by the whale.

Currently, the whale still holds around 277,019 AXS in his Ronin wallet, now worth $1.87M. His estimated total profit from AXS is $776K (+19.5%), of which $460K has been realized.

The AXS price decreased by nearly 9% in the past 24 hours and appears to be on an accelerated decline since whale 0xcd3's deposit to Binance.

Fig 1. Whale 0xcd3 deposited 300,000 AXS ($2.09M) to Binance just now.

Fig 2. Whale 0xcd3's overall AXS trading history.