A $5M USDC withdrawal from Binance suggests a significant bet on Kamala Harris.
Analysts link the move to crypto influencer cryptoleifeng.
A crypto whale withdrew $5 million in USDC from Binance just 12 hours ago, making waves in the market. The funds are intended for a high-stakes bet on Kamala Harris winning the U.S. presidential election.
A whale withdrew 5M $USDC from #Binance to bet on #Harris winning the #USelection 12 hours ago.
This whale may be related to @cryptoleifeng.https://t.co/NzZ4NUwA8R pic.twitter.com/jtkRjsBbuy
— Lookonchain (@lookonchain) November 4, 2024
Analysts quickly linked this significant move to crypto influencer cryptoleifeng, adding intrigue. While most crypto enthusiasts back Donald Trump as the pro-crypto candidate, this bet challenges that trend.
The U.S. election has already impacted crypto market dynamics. On Polymarket, Harris’s odds increased from 33% to 44%, while Trump’s odds fell from 66% to 56%. This shift suggests changing
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