An exciting event is on the horizon for $BNB holders: an airdrop, coupled with the listing of @BananaGunBot $BANANA on Binance. This much-anticipated listing is set for 9:00 UTC on July 20.

10 hours ago, a demo amount of 40.1K $BANANA ~$2.8M was deposited by @BananaGunBot project wallet (https://t.co/wjJzL0l247) onto #Binance

30 minutes ago, 800K $BANANA ~$59.46M was sent by the same project wallet to a new wallet address, which could potentially be the @Binance… pic.twitter.com/3t2sBvs3LT

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) July 19, 2024

Recent on-chain reports reveal that 10 hours ago, @BananaGunBot’s project wallet deposited a demo amount of 40.1K $BANANA, valued at approximately $2.8 million, onto Binance. Notably, 30 minutes ago, the same wallet transferred 800K $BANANA, worth about $59.46 million, to a new wallet address. This new address could potentially be Binance’s liquidity wallet for BANANA.

Smart Money activities have already started to pick up around $BANANA. A savvy trader recently swapped 439.8 $WETH (equivalent to $1.5 million) for 21,183 $BANANA at an average price of $70.66, marking the beginning of their second trade.

Traders Make Profits From Trading $BANANA

In their previous trading spree between November 2023 and March 2024, this trader earned $340K (+81.8%) by trading 37,605 $BANANA. Their average buying and selling prices were $11.04 and $20.08, respectively.

11 hours ago, a smart trader swapped 439.8 $WETH ($1.5M) for 21,183 $BANANA at an avg price of $70.66, starting the 2nd trade!

Previously, this trader earned $340K (+81.8%) by trading 37,605 $BANANA between Nov 2023 and Mar 2024. The average buying and selling prices were $11.04… pic.twitter.com/mneXtbJN1x

— Spot On Chain (@spotonchain) July 19, 2024

The upcoming airdrop and Binance listing are set to draw significant attention to $BANANA, especially considering the active trading strategies employed by smart traders. With substantial deposits and liquidity arrangements in place, the $BANANA market is poised for heightened activity. As always, keeping an eye on Smart Money moves can offer valuable insights into market trends and potential profit opportunities.

Stay tuned as @BananaGunBot makes its debut on Binance, and watch out for the potential market movements that could follow the airdrop and listing event.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Image Source: archnoi1/123RF // Image Effects by Colorcinch

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