CandleFocus Whales Keep Stacking Up NEIRO As It Keeps Pumping
2024-10-14
Author: Content Editor
GSR Markets has withdrawn a significant amount of NEIRO tokens from Bybit, indicating their growing confidence in the cryptocurrency's infrastructure. Over the past three days, GSR Markets has withdrawn 40.4 million NEIRO, while Wintermute has deployed 27.63 million NEIRO. These large purchases by institutional investors are seen as a sign of potential future appreciation and stability, attracting more small investors and speculators. The increase in whale activity has also led to a surge in NEIRO's market value, with a 106% increase in the past week. The entry of new investors and their significant financing suggests a growing ecosystem in the market. Technical analysis shows NEIRO trading within a bullish flag pattern, supporting predictions of further gains and indicating an increase in bullish momentum.
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