A “whale” (a very large investor) has withdrawn 5.16 million Neiro tokens from the Bybit and Gate.io exchanges in the past 2 days,,, which is worth about $6.12 million..😳😳😳
Is this bullish or bearish?
Most likely, it’s a bullish sign..
When whale moves tokens off exchanges,, it usually means they not planning to sell soon. .. They might be moving it to a private wallet to hold the tokens, which suggests they expect the price to go up..
However, to confirm the trend (bullish or bearish), it’s best to check other market indicators too.. .
