Huobi, one of the leading cryptocurrency exchanges, has been found to hold a significant amount of CORE tokens on its on-chain wallet. As per the latest on-chain activity report, the exchange holds a total of 795,800 CORE tokens, worth approximately $2.27 million at current market prices
This revelation has sparked a lot of interest among the cryptocurrency community, as CORE is a relatively new token that has seen a surge in popularity in recent times. CORE, short for “CORE DAO,” is the native token of the CORE Blockchain
Huobi’s holding of such a significant amount of CORE tokens is seen as a positive sign for CORE, as it shows that a major player in the cryptocurrency space has faith in the platform and its potential for growth.
The address of Huobi’s on-chain wallet is 0xd1955b4fae0988636dd249f34cf7c83ef23422bf, and according to block explorer data, the exchange’s total holding of CORE tokens now stands at 795,000. This suggests that Huobi has been steadily accumulating CORE tokens over time, indicating that the exchange is bullish on the platform’s long-term prospects.
Details of CORE DAO:
CoreDAO — the official org developing the Satoshi Plus ecosystem and building web3 infrastructure on Bitcoin’s PoW.
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