GSR Markets has withdrawn $4.3 million worth of NEIRO coins from the Bybit exchange, accounting for approximately 4.3% of the total NEIRO supply. This follows a previous transaction made three weeks earlier, showing GSR's active involvement with this altcoin. The withdrawals suggest a strategic approach to bolstering NEIRO's market presence, and GSR's actions are likely to influence the coin's market dynamics significantly. The significant withdrawal may temporarily affect NEIRO's supply and liquidity. As a result, NEIRO's price has risen by 25%, indicating strong demand influenced by supply changes. This could stabilize NEIRO's market presence and position it for further growth, creating a compelling environment for cryptocurrency market participants.



Other News from Today