Wallet 0x859e just transferred over 35 million Token H (~2.7 million USD) to the exchange, helping the price of this Token increase by over 78% within 24 hours.
MAIN CONTENT
Wallet 0x859e deposited 35 million Token H, equivalent to about 2.7 million USD to the exchange.
Token H increased in price by over 78% within 24 hours after this transaction.
Jump Trading is a strategic investor and market maker for Token H.
How many Token H did wallet 0x859e deposit to the exchange and at what time?
Lookonchain's data shows that wallet 0x859e transferred 35 million Token H to the exchange about 12 hours ago, equivalent to 2.7 million USD at that time. This transaction indicates significant liquidity activity driving market volatility.
How did the price of Token H fluctuate after this large transaction?
The price of Token H rose sharply by over 78% within 24 hours after a large amount of Token was transferred to the exchange, reflecting a surge in buying power and market demand. According to reports from Lookonchain, this is a clear sign that large capital is flowing into Token H.
What is Jump Trading's role in Token H?
Jump Trading not only provides strategic round funding but also plays the role of the main market maker for Token H. On the launch day, Jump Trading received 25 million Token H, then continued to transfer an additional 8 million Tokens to the exchange, significantly contributing to liquidity and price stability.
Jump Trading is considered a key player in building the market for Token H, helping to maintain smooth liquidity and increasing trust among investors.
Market analysis, Director of Digital Financial Research, 2024
Real-life examples and deeper analysis
The fact that wallet 0x859e deposited over 35 million Tokens along with Jump Trading's activities created a positive psychological effect for investors. Combined with marketing campaigns and favorable market conditions, Token H achieved an outstanding increase of 78% in 24 hours, clearly demonstrating the important role of whales and market makers in the Token's success.
Key factors affecting the price volatility of Token H
The transfer of a large amount of Token to the exchange is the direct cause of the sharp increase in Token H's price. Additionally, the involvement of strategic investors and market makers such as Jump Trading reinforces confidence and stabilizes price movements in the market.
Frequently Asked Questions
Who is wallet 0x859e and why does its transaction significantly impact Token price? Wallet 0x859e has been identified as a large whale with a transaction of 35 million Token H, directly affecting supply and demand on the exchange, causing significant price fluctuations. What role does Jump Trading play with Token H? Jump Trading is a strategic investor and market maker, helping to maintain liquidity and stabilize Token H's price. Is the 78% price increase of Token H sustainable? Thanks to the support of large whales and market makers, Token H has the potential to maintain buying pressure; however, market and liquidity factors need further monitoring. How to know the transactions of large wallets like 0x859e? On-chain monitoring platforms like Lookonchain provide transparent data about large transactions, helping investors analyze whale actions. What is Token H and what is its value in the market? Token H is a type of Token with strategic investment from major brands, its value depends on supply, demand, and liquidity, and it has been experiencing rapid growth recently.
Source: https://tintucbitcoin.com/hrc-token-nap-35-trieu-h-san/
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