Significant Withdrawal: Address Pulls 400 Million ALT from Binance, Accounting for Over 18% of Circulation

According to Foresight News and insights from The Data Nerd, a blockchain analytics firm, a crypto address starting with 0xFEA has made a substantial withdrawal of approximately 400 million ALT tokens from Binance. This withdrawal, amounting to $19.8 million, constitutes about 4% of ALT's total token supply and a significant 18.68% of its circulating supply.This notable transaction follows a smaller withdrawal by the same address, which saw 1,000 ALT tokens removed from Binance and subsequently burned just yesterday.