🐋 𝗪𝗵𝗮𝗹𝗲𝘀 𝗕𝘂𝘆 $𝟰𝟳𝗠 𝗶𝗻 $𝗜𝗣 𝗧𝗼𝗸𝗲𝗻𝘀, 𝗣𝗿𝗶𝗰𝗲 𝗝𝘂𝗺𝗽𝘀 𝘁𝗼 $𝟯+
The price of Story Protocol (IP) jumped over 15% in the past 24 hours, now trading above $3, as crypto whales moved in with massive buys worth $47.5 million.
🐳 Big Players Load Up on IP
📊 According to Lookonchain:
Whale 0x9921 bought 6 million IP tokens (~$17.8M)
Whale 0x9057 bought 10 million tokens (~$29.7M)
These purchases happened in multiple transfers, just as Bitcoin bounced back above $101,000 after recent geopolitical-driven lows.
This whale buying hints at strong confidence in IP, especially during a market dip.
🔁 Similar Pattern Happened Before
Earlier this year, whales also accumulated millions in IP tokens right before a 40% price pump. That same behavior now has traders speculating another move higher could follow.
📈 Why Traders Are Bullish
IP is now in the top 100 cryptos by market cap (≈ $896M).
It focuses on intellectual property (IP rights), a growing use case.
Trading volume is up 100%+, hitting $46M/day.
Open interest has climbed to $71M, signaling active traders are watching.
🔮 What’s Next for IP Price?
✅ If bullish momentum holds, price may test $4.00–$5.00 range
❌ If the market turns, support lies at $2.75 and $2.50
Right now, IP is trading around $3.09. The whale buys and strong volume hint that the bulls might not be done yet.
#IP $IP