Wintermute, an algorithmic trading firm, has increased its holdings of Neiro Ethereum (NEIROETH) tokens to 55.36 million, despite the altcoin's price dropping 97% in the past 24 hours. The move was reported by blockchain analytics platform Spot On Chain. NEIROETH is currently trading at $0.003521 with a market capitalization of $3.4 million. The price crash was triggered by Binance's announcement to list First Neiro on Ethereum, causing NEIROETH to plummet while NEIRO soared in price. While some traders profited from NEIRO's rise, NEIROETH holders suffered losses. Wintermute is buying the dip, suggesting they expect a price surge in the short term. NEIROETH has been one of the worst performing digital assets recently. Meanwhile, its rival NEIRO has seen significant price increases.



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