- Spot of the chain revealed that whales today built up Defi -Tokens – Uni, auction and MKR.
- The auction cooking price rose by 25%today, while Uni and MKR registered small improvements in their market prices.
The cryptomarkt shows no significant profit today. The price decrease caused by global trade tensions and macro -economic conditions still has an effect on the market. Although Bitcoin could not climb $ 83k, Altcoins also record dull market performance. In the meantime, a few tokens are witnessed by price gains, such as BNX, Cake, OKB and Bera.
Top on the Chain Tracking Platform on the chain today reported a significant whale accumulation of Defi-Tokens. One whale, “0xace”, collected 374,333 uni worth $ 2.3 million and 1,735 MKR tokens worth $ 2.06 million.
It also saw a newly created wallet that invested heavily in the auction smoking. WHALE “0XEC1” attracted around 500,000 auction tokens in worth $ 13.9 million in the last 3 days. Moreover, Spot On Chain also suspected that this whale is linked to an entity of four whales. These whales contain around 26.2% of the total auction stock and their investments currently have $ 32.9 million (+87%) non -realized profit.
Is Defi token tree ahead?
The Crypto Market Bull Run lasted a short time at the end of 2024, and there are currently no signs. In the meantime, always delayed, because there is no significant altcoin price gain. The heavy whale investment in Defi -Tokens refers to the possibility of a Defi -Tok -tree in the coming weeks.
Spot on chainwalvis accumulation is the opening of doors for new speculations with regard to Defi -Tokens. Below the aforementioned three tokens, the auctioning price achieved a significant increase of 25% in the last 24 hours. The other two Top Defi -Tokens, Uni and MKR, were not witnessed by a considerable price for the past 24 hours.
The Defi -token market hood has fallen 1.05%, while the trade volume rose by 35%. The general market sentiment, however, is negative and the crypto fear and greed index records 22. The Defi -Tokenboom is only possible as soon as the total crypto market recovers with a positive market sentiment.
