Two addresses transferred nearly $20 million worth of DYDX tokens to Binance, possibly related to DYDX unlocking.

According to Spot On Chain monitoring, within the past 45 minutes on December 1st, three whale addresses sold DYDX tokens on DEX for a total value of approximately $727,000. In addition, an address starting with 0xb0d deposited $18.01 million worth of DYDX into Binance, while QCP Capital deposited $1.26 million worth of DYDX into Binance. As previously reported by BlockBeats, based on a proposal amended in January of this year, dYdX unlocked 152 million DYDX tokens (approximately $518 million) on December 1st, mainly consisting of shares held by investors, founders, advisors, and employees, accounting for 84.41% of the circulating supply.