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Whale Activity Rises as Neiro Ethereum Breaks Out: Another ATH Coming?

Whale activity is on the rise as Neiro Ethereum breaks out of accumulation. Explore buying trends and market predictions for $NEIRO

3 min 24 days ago

Highlights:

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Neiro Ethereum breaks out of accumulation as whale activity significantly increases.

•

GSRMarkets and other traders accumulate millions of NEIRO, signaling market confidence.

•

Recent sell-offs raise questions about future price movements and potential ATH for NEIRO.

Whale Activity Rises as Neiro Ethereum Breaks Out: Another ATH Coming?

Neiro Ethereum (NEIRO) has broken out of the accumulation phase, and whale activity has increased. According to experts, a surge in activity typically signals a shift in the market. 

 

With large holders repositioning assets, the dynamics surrounding NEIRO are changing. Could NEIRO achieve a new ATH? 

 

Noteworthy Buy Activity

 

 

As the above post highlights, both buying and selling activities have increased. GSRMarkets recently acquired an impressive 40.4 million NEIRO, representing 4.04% of the total supply. 

 

A savvy trader, 0xe9f, made headlines by swapping $1 million worth of $OM and $ATH for a staggering 8.45 million NEIRO. Additionally, bwecapital.eth joined the fray, adding 4.065 million NEIRO, which is 0.4% of the circulating supply. 

 

Recent Sell-offs

 

While buying activity is promising, the sell side tells a different story. An entity that profited $145 million from $SHIB recently sold all 17.5 million NEIRO at a loss of $1.49 million, or -55%. 

 

In contrast, whale 0x00d deposited 4.7 million NEIRO (worth $531,000) to Bybit. This deposit earned a profit of $247,000, As momentum builds for Neiro Ethereum, excitement grows among traders and investors. 

 

With whales actively buying and selling NEIRO, the market seems poised for shifts. Will these movements push NEIRO toward another ATH? Only time will reveal the true impact of this intensified whale activity.

 

 

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