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TRB Price Up 360% In 1 Month Amidst Large Whale Transactions

Lookonchain reported that there has been several large TRB whale transactions since August of this year. A single whale has gathered 540,777 TRB, equivalent to $21.24 million, which constitutes 22% of the total supply. At press time, TRB was worth $40.02 after its price dropped by more than 13% in the past 24 hours. There has been a number of huge Tellor (TRB) whale trans action s since August of 2023, according to a post shared yesterday by the on-chain analytics platform Lookonchain. According to the post, the price of TRB has increased by 360% from $10 to $46 over the past month alone. 1/ The price of $TRB has increased by 360% from $10 to $46 in the past month. A whale has accumulated 540,777 $TRB ($21.24M) since Aug 30, 22% of the total supply. 4 whales withdrew a total of 181,657 $TRB ($7.14M) from #Binance on Sept 14, 7% of the total supply. pic.twitter.com/WUaIlfDXGA — Lookonchain (@lookonchain) September 16, 2023 Since 30 August 2023, a si...

On-Chain Data Shows a Declining Amount of $1M+ BTC Transactions

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The crypto analyst who goes by the name Ali tweeted a snapshot of on-chain data from the Bitcoin network. According to the tweet, the number of $1 million or more Bitcoin (BTC) whale trans action s has been trending down since 22 March 2023. Notice that #Bitcoin whale trans action count of $1 million or more has been trending down since March 22. This trend could have various implications for $BTC, such as reduced trading activity among large holders or a possible shift in market sentiment. pic.twitter.com/GuD3l0QITo — Ali (@ali_charts) May 1, 2023 The trader added that this trend may have various implications for BTC. One such implication is the reduced trading activity among large holders. On the other hand, this trend may also be an early sign of market sentiment shifting according to Ali. At press time, the market leader’s price stands at $28,010 according to CoinMarketCap. This is after the crypto printed a 24-hour loss of 1.62%. Fortunately, BTC’s weekly ...