A whale that bought 627.73 million HIPPO tokens worth 1.28 million dollars in the last 5 days has become the largest HIPPO investor outside of exchanges.
According to data shared by the blockchain analysis platform Lookonchain, an unidentified whale has drawn attention with significant purchases made on exchanges over the last 5 days. This whale has become the largest holder of HIPPO tokens outside of exchanges by purchasing a total of 627.73 million HIPPO tokens. The total cost of this massive purchase is reported to be around 1.28 million dollars.
The HIPPO (HIPPO) token, which has increased by 6.9% in the last 24 hours, has reached a price level of 0.0024 dollars and has also experienced a significant increase in trading volume recently. Particularly, the trading volume in the last 24 hours has risen to 28.89 million dollars, representing a 13.9% increase compared to the previous day, which has attracted investors' interest in the token.
Whale movements are generally interpreted as a bullish signal in the crypto market. While HIPPO's price range over the last 7 days has fluctuated between 0.0020 dollars and 0.0027 dollars, its current price is 92% below the all-time high of 0.02983 dollars. This situation indicates that the token has significant room for potential appreciation.
On the other hand, the HIPPO token ranks 1066th on CoinGecko with a market capitalization of 23.88 million dollars. The maximum supply of the token is 10 billion units, and the fact that this entire supply is in circulation is also among the noteworthy details for investors.