Yield Guild Games priceYGG

Arkham analytics flagged an on-chain transfer from an address starting with 0xE040 that moved 40,000,000 YGG tokens to Binance, roughly valued at $2.65 million, logged about seven hours ago. The move signals a sizable liquidity deployment within the Yield Guild Games ecosystem as ongoing deposits are directed to exchange custody. Over the past five months, the same address has periodically routed YGG to Binance Deposit, with the tokens traced to the treasury and multisig controls of the Yield Guild Games team. The pattern points to deliberate treasury management and liquidity provisioning in the broad crypto gaming sector. Such on-chain transfers are common in reserve management and do not imply illicit activity. Investors should monitor for further disclosures from Yield Guild Games regarding reserve strategy and governance to assess potential implications for YGG liquidity and market visibility.

Arkham monitoring shows that about seven hours ago, an address starting with "0xE040" deposited 40 million YGG tokens into Binance, worth approximately 2.65 million USD. This address is not an ordinary trader; on-chain analysis indicates that the wallet is suspected to be directly associated with the blockchain game guild Yield Guild Games (YGG) treasury, but it is not yet confirmed whether the YGG team treasury will proceed with selling.

$YGG - Mcap 45.76M$ - 89%/ 20.8K votes Bullish SC02 H4 - pending Short order. Entry lies within LVN + not affected by any weak zone, estimated stop-loss around 8.83%. The downtrend is in the 399th cycle, amplitude −65.30%. #TradingSetup #CryptoInsights

What is Yield Guild Game Coin? Yield Guild Games is a blockchain-based platform that operates as a decentralized autonomous organization (DAO). Peers who direct the operation of the decentralized protocol reportedly seek to invest and obtain ownership of various non-fungible tokens (NFTs) associated with NFT-based games and profit-generating functionalities within decentralized platforms.   The Yield Guild Games ecosystem is developed around this concept of mass ownership of NFT assets while focusing on maximizing any ecosystem-related functions associated with them in the process. Certain gaming operations require NFTs that are only compatible with specific platforms. The DAO community is essentially a collective group of peers who make decisions to buy, use and trade such digital assets.   In July 2021, Gabby Dizon, a tech entrepreneur and co-founder of the Axie Infinity and Yearn Finance Platform team, launched Yield Guild Games under his gaming company. In 2018, fellow tech entrepreneurs Beryl Li and Owl of Moistness joined him as co-founders. #YGG $YGG