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Crypto Whale Nets $3.8 Million Profit on NXPC Following Binance Listing

Crypto Whale Nets $3.8 Million Profit on NXPC Following Binance Listing

Published:
2025-05-16 07:15:26
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A savvy trader has capitalized on the recent Binance listing of NXPC, the native token of MapleStory Universe, turning a $500,000 investment into $12.9 million in holdings. The altcoin’s surge highlights growing institutional interest in niche crypto assets despite broader market volatility. Lookonchain analytics revealed the whale accumulated 3.3 million NXPC tokens before the exchange listing catalyzed a price rally.

Crypto Whale Nets $3.8 Million Profit on NXPC Following Binance Listing

A savvy trader has capitalized on the recent Binance listing of NXPC, the native token of MapleStory Universe, turning a $500,000 investment into $12.9 million in holdings. The altcoin’s surge highlights growing institutional interest in niche crypto assets despite broader market volatility.

Lookonchain analytics revealed the whale accumulated 3.3 million NXPC tokens before the exchange listing catalyzed a price rally. This strategic MOVE mirrors increasing sophistication among crypto investors who identify undervalued projects ahead of major liquidity events.

The NXPC trade exemplifies how altcoins continue attracting capital flows even as Bitcoin dominance fluctuates. Binance’s endorsement serves as a critical inflection point for emerging tokens, creating arbitrage opportunities for well-positioned traders.

Ukraine Plans National Bitcoin Reserve

Ukraine is advancing plans to create a national strategic Bitcoin reserve, with draft legislation nearing completion. The initiative, first reported by local crypto outlet Incrypted, has gained public support from Binance, one of the world’s largest cryptocurrency exchanges.

Yaroslav Zhelezniak, a Ukrainian MP and deputy chair of the finance committee, confirmed the impending submission of the proposal. The move follows Zhelezniak’s earlier February 2025 announcement regarding cryptocurrency reserve development.

Kirill Khomyakov, Binance’s regional lead for CEE and Africa, endorsed Ukraine’s ambitions, signaling potential institutional validation for bitcoin as a reserve asset. The development marks another step in the growing intersection between nation-states and digital currencies.

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