Over $400 Million Transferred to Binance for Portal (PORTAL) Launchpool
The launch of Binance Launchpool’s 47th project, Portal (PORTAL), has seen a massive influx of over $400 million worth of BNB transferred to Binance in the past 24 hours. This surge in transfers is driven by BNB whales who are expecting significant returns from participating in the Portal mining activity. Several addresses have sent over $10 million in BNB each, with the largest whale transferring over $40 million.
Portal: The Newest Binance Launchpool Project
Portal was announced as the latest project on Binance Launchpool, starting from February 22nd. Binance users can stake their BNB, BUSD, and other tokens to earn rewards in the form of the newest Launchpool token. Portal serves as a layer-2 aggregator that facilitates cross-chain transfers between different blockchains.
High Anticipation for Portal Mining Rewards
The significant amount of BNB transferred to Binance wallets indicates that whales are anticipating high demand and rewards for the new Portal token distribution. With over $400 million flooding into Binance just before the start of Portal mining, BNB holders aim to maximize their allocation of the limited Portal supply.
Enormous Interest and Anticipation for Portal Token Listing
The Portal mining event has garnered immense interest within the Binance community and stands as one of this year’s largest Launchpool events. The upcoming listing of the Portal token later this month is highly anticipated following intense competition for mining rewards.
Hot Take: Whales Drive Massive Inflow for Portal (PORTAL) Launchpool
The launch of Portal on Binance Launchpool has attracted significant attention from whales, resulting in over $400 million worth of BNB being transferred to Binance. With high expectations for returns and limited token supply, the intense competition for Portal mining rewards has made it one of the most anticipated events within the Binance community.
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