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Altcoin News March 7, 2023

Lookonchain: Trader GCR withdrew 39.8 million USDT from Binance yesterday

According to Lookonchain monitoring data, trader GCR withdrew 39.8 million USDT from Binance yesterday.

In March 2022, the trader had bet $10 million with DoKwon, the founder of Terra, on the price of LUNA one year later compared to the current day. He also began to bearish the market and short altcoins at the top of the market in November 2021. He reminded people Withdraw funds when FTX crashes.

GCR stated on its social platform about the withdrawal that this is not an attack on any individual trading platform, but a general guidance. People should learn to take custody of their crypto assets.

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