Amid the downtrend in the crypto market, a whale bought and staked a large amount of Jito (JTO) tokens, signaling confidence in its growth potential. The whale purchased 96,128 Solana tokens worth $12.37 million from Binance and staked them all with Jito. This suggests that staking JITO has become attractive to savvy investors looking for diversification and potential rewards. Despite a price drop, whales are accumulating Jito, which could have a positive impact on its price and liquidity. The rising influence of whales also indicates long-term confidence in Jito's future success.



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