Cryptocurrency Whales Intensify Buying of IPs Worth Nearly 48 Million USD
Support from two major whales with huge buying volumes
According to information from Lookonchain, two whales have recently made large transactions in the cryptocurrency market, with a total buying volume of up to 16 million IPs. The estimated value of these IPs is about 47.52 million USD. These are positive moves, indicating the increasing interest of institutional investors or large whales in the IP market. These transactions have caused a stir, further enhancing the appeal of blockchain and collateralization platforms in the industry.
Details of the large transactions in the whale list
Among the whales, whale 0x9921 bought 6 million IPs, worth 17.82 million USD, reflecting a long-term accumulation strategy or a prediction of the potential price increase of this asset. Meanwhile, whale 0x9057 bought 10 million IPs, worth 29.7 million USD, bringing the total number of IPs of these major whales beyond a significant threshold, showing confidence in the market's upward trend. These activities reflect the whales' affirmation of the future potential of cryptocurrencies and related products.
Impact on market sentiment and trend predictions
These large-scale buying and selling activities can boost optimism, creating a positive trend for retail investors. When whales accumulate such IPs, public opinion may see this as a signal preparing for a new growth spurt in the cryptocurrency sector, especially in blockchain areas related to NFTs, collateral, and staking. Analysts predict the likelihood of the market continuing to be gloomy or growing based on the positive activities of these wealthy whales.
Source: https://tintucbitcoin.com/ca-map-lon-mua-16-trieu-ips-tri-gia-4752-trieu-usd/
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