Crypto Whales Go On A Shopping Spree As Ethereum-Based Altcoin Spikes Over 1,000%
Portfolio Pulse from Murtuza Merchant
Crypto whales are accumulating Ethereum-based altcoin Tellor (CRYPTO: TRB), which has seen a 1,000% increase in three months. Analytics firm Santiment reports that wallets holding between 1,000 and 100,000 TRB have accumulated 15% of the supply in seven weeks. TheGraph (CRYPTO: GRT) has also seen significant activity, nearly doubling since Oct. 19. Other trending topics in the crypto space include RevoLand (CRYPTO: REVO), Quantum (CRYPTO: QRL), and ORDI’s (CRYPTO: ORDI) new listing on Binance (CRYPTO: BNB).
November 09, 2023 | 8:00 pm
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POSITIVE IMPACT
TheGraph (CRYPTO: GRT) has seen significant activity, nearly doubling since Oct. 19, with a major whale movement and an increase in new addresses being created.
The significant activity in TheGraph, including its price nearly doubling, major whale movement, and an increase in new addresses, suggest a strong interest in the asset, which could drive its price further up in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Tellor (CRYPTO: TRB) has seen a 1,000% increase in three months, with wallets holding between 1,000 and 100,000 TRB accumulating 15% of the supply in seven weeks.
The significant increase in Tellor's price and the heavy accumulation by wallets suggest a strong confidence in the asset’s potential, which could drive its price further up in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
ORDI’s (CRYPTO: ORDI) new listing on Binance (CRYPTO: BNB) is a trending topic in the crypto space.
While ORDI's new listing on Binance is a trending topic, the news does not provide enough information to determine its potential impact on Binance's price in the short term.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50