Whales Accumulate 25% of $NEIRO Supply Within Four Days

In a notable development within the cryptocurrency market, substantial accumulation activity has been observed in the NEIRO (NEIRO) token. On-chain data from Spot On Chain reveals that four wallets—likely controlled by a single entity—have collectively acquired 241.71 million NEIRO tokens over the past four days, amounting to approximately $23.82 million in value.

This accumulation represents 24.2% of NEIRO’s total token supply, positioning these wallets as the largest non-exchange holders of the token. Specifically, the wallets now rank 1st, 3rd, 4th, and 7th among NEIRO holders outside of centralized exchanges.

The tokens were acquired through the Gate.io and Bybit platforms, indicating a deliberate and coordinated investment strategy. Whale activity of this scale is often interpreted as a strong signal of confidence in a project's long-term potential.

Among the transactions, wallet "0x22b7" stands out with the acquisition of 32.52 million NEIRO tokens—valued at $3.01 million—executed within a single hour across Gate.io and Bybit. This single transaction accounts for roughly 3.25% of the token’s total supply and ranks the wallet as the third-largest non-exchange holder.

The rapid and sizable accumulation underscores growing interest from institutional or high-net-worth investors, which could significantly influence NEIRO’s price trajectory and broader market presence in the near term.

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