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Fresh Cryptocurrency Whales Focused on This Altcoin, Onchain Data Shows: They’ve Been Accumulating in the Last Few Days

The article reports that fresh crypto whales have been accumulating NEIRO, a memecoin on the Ethereum network. One wallet purchased 8.23 million NEIRO for $575,000, while another wallet withdrew 5.41 million NEIRO worth $453,000. Another wallet, which is not a fresh whale, bought $570,000 worth of NEIRO when the price was at its bottom a week ago and currently holds a total of 15.21 million NEIRO worth $1.61 million. The cost level of NEIRO is currently around $0.1, and it is currently trading at $0.088. The article warns that the memecoin market is highly volatile and risky, with most users losing money.

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