Smart DEX Traders Continue To Accumulate $NEIRO Amid Profit-Taking
Over the last three days, Smart DEX Traders have engaged in profit-taking, but the general trend shows continuous accumulation of $NEIRO.
Notably, significant entities such as Whales and Smart Money are still actively accumulating $NEIRO, with a notable 30% increase in the past 24 hours.
Whale Wallet Accumulates More $NEIRO Token After Hitting Some Notable Profits
iCrypto has identified a Smart Wallet that recently repurchased $NEIRO after realizing substantial profits from the token.
Just an hour ago, wallet 0xf6f1 (icrypto.ai/wallet/0xf6f18…) bought 429.11K $NEIRO at an average price of $0.2440.
Here’s a breakdown of this wallet’s $NEIRO trading activity:
– Eight days ago, the wallet spent $89.47K to acquire 3.14M $NEIRO at an average price of $0.03137.
– Since that purchase, $NEIRO’s value has surged by 800%, leading to the wallet selling off the previously acquired $NEIRO and realizing a profit of $419.22K (420.8%).
– Currently, the wallet holds 429.11K $NEIRO, valued at $107.19K.
$NEIRO – Re-accumulation from Smart DEX Traders
Over the past 3 days, Smart Dex Traders have gradually taken some profits, but overall they are still accumulating $NEIRO.
Labels such as Whales and Smart Money are still continuously accumulating $NEIRO, which increases by +30%… pic.twitter.com/zXwxzf9nz0
— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) August 7, 2024
This pattern of strategic buying and selling underscores the ongoing interest and confidence in $NEIRO among savvy traders, suggesting a positive outlook for the token’s future performance.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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