Whales Accumulate 25% of $NEIRO Supply in Just Four Days

In a remarkable development within the cryptocurrency market, significant accumulation activity has been observed in the NEIRO (NEIRO) token. According to on-chain data shared by Spot On Chain, four separate wallets—believed to be controlled by a single entity—have collectively acquired 241.71 million NEIRO tokens, valued at approximately $23.82 million, over the past four days.

This acquisition represents 24.2% of NEIRO's total token supply, positioning these wallets as the largest holders of NEIRO outside of centralized exchanges. The wallets now occupy the 1st, 3rd, 4th, and 7th spots among the top NEIRO holders not affiliated with exchanges.

The purchases were executed via the Gate.io and Bybit exchanges, suggesting a strategic and well-coordinated accumulation effort. Whale activity of this scale often draws attention as a potential indicator of investor confidence and long-term interest in a project.

One notable transaction includes an individual wallet identified as "0x22b7," which acquired 32.52 million NEIRO tokens (valued at $3.01 million) from both Gate.io and Bybit within a single hour. This acquisition alone accounts for approximately 3.25% of NEIRO’s total supply, making the wallet the third-largest non-exchange holder.

The scale and speed of these acquisitions reflect growing institutional or whale-level interest in NEIRO, which could have implications for both the token's price dynamics and its future market positioning.

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