A whale quietly accumulates GP tokens worth nearly half a million USD in less than a month

According to data from the on-chain analysis platform Stalkchain, a wallet address has been steadily accumulating GP tokens – the protocol developing the Bonk ecosystem – for nearly a month now.

22 days ago, this wallet first deposited 249,000 USD and has continuously purchased GP using a 'slow accumulation' strategy. In the last 16 days, this address has continued to withdraw an additional 843,000 USD from Binance to maintain its buying activity.

As of now, the wallet's GP holdings have reached approximately 481,200 USD, indicating a steadfast commitment to the accumulation strategy and strong potential confidence in the long-term prospects of the Bonk ecosystem.