CandleFocus Smart Trader Resumes $OM Accumulation Following a 7-Month Pause, Gaining $15M
2024-10-28
Author: Content Editor
The popular trader Whale 0xd1c has resumed accumulating $OM tokens after a 7-month hiatus. This move is seen as a sign of renewed confidence and interest in the cryptocurrency. Spot On Chain, an on-chain analytics platform, reported that the trader withdrew 2.71M $OM tokens ($3.8M) from Binance in three transactions within a span of 2 hours. This follows a similar action taken by the trader 7 months ago when they withdrew 12.3M $OM tokens from Binance and staked them. The previous accumulation has resulted in significant unrealized gains of $15M for the trader, indicating their strategic timing and the token's appreciation in value. The recent accumulation suggests the trader's confidence in the future performance of $OM.
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