Whales Scoop Up 25% of NEIRO Supply in Just Four Days
A major wave of accumulation has hit the NEIRO (NEIRO) token, with on-chain analytics from Spot On Chain revealing that four wallets—likely tied to a single entity—have amassed 241.71 million NEIRO over the past four days. This haul, worth around $23.82 million, represents a staggering 24.2% of NEIRO’s total supply.
These wallets now hold dominant positions on the NEIRO leaderboard, ranking 1st, 3rd, 4th, and 7th among non-exchange holders. The tokens were acquired through Gate.io and Bybit, pointing to a calculated and strategic accumulation effort.
One wallet in particular, "0x22b7", made headlines with a rapid buy of 32.52 million NEIRO tokens (valued at $3.01 million) executed within a single hour across both exchanges. This alone accounts for 3.25% of the total supply and places the wallet as the third-largest non-exchange holder.
Such aggressive whale activity is often seen as a strong vote of confidence in a project’s long-term prospects and could signal a shift in NEIRO’s market dynamics. The move also highlights growing interest from institutional or high-net-worth investors—potentially setting the stage for increased market momentum.