Binance Whale Deposit of 751m FUN Raises Concerns About Selling Pressure and Volatility

FunToken faces pressure as a large holder deposited 751 million FUN (6.83% of the token's supply) to Binance. This move could increase selling pressure, potentially widening spreads and volatility if executed on-exchange. However, there is no public evidence of executed sales at the time of writing, and the tokens could have been deposited for non-selling purposes. The deposit raises the probability of near-term selling, but the impact on FUN liquidity and volatility will depend on whether the tokens are sold on-exchange or through other means.