New Onchain Data Shows Fresh Crypto Whales Focused on This Altcoin: Accumulating in Recent Days
Recent onchain data reveals that a new altcoin has caught the attention of fresh crypto whales.
Upon analyzing the cryptocurrency onchain data, it becomes evident that these fresh whales are accumulating NEIRO, a memecoin on the Ethereum network.
One of the newly created cryptocurrency wallets, 0xec6b, was observed to purchase 8.23 million NEIRO through OKX, paying 230.4 ETH, which amounts to $575 thousand at the current time.
Another new whale, 0xd753, withdrew 5.41 million NEIRO valued at $453,000 via Gateio, a different crypto exchange.
In addition, an existing wallet with the short address 0xe9f, although not a new crypto whale, acquired $570,000 worth of NEIRO at an average price of $0.084, totaling 15.21 million NEIRO worth $1.61 million at the time of writing. With the additional purchases made by this whale, the cost level of NEIRO is approximately $0.1.
NEIRO is currently trading at $0.088, having reached a high of $0.113 during the day.
It is important to note that the memecoin market is highly volatile and risky, with the majority of memecoin traders experiencing financial losses.
*This article does not constitute investment advice.
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