It seems that more and more exciting moves are taking place in the crypto space these days. Check out the latest reports about the latest moves that crypto whales are making.
Crypto whales accumulate ETH-based altcoin
Santiment, a top crypto analytics firm, reports that wealthy investors are accumulating an Ethereum-based token that has experienced a significant surge in value over the past three months.
The decentralized oracle protocol Tellor (TRB) has witnessed a rise in the ownership of its tokens by traders who own 1,000 to 100,000 tokens.
These traders now control 46% of the total supply of TRB, up from 31% just seven weeks ago.
The affluent buyers are hoarding TRB as the token’s price has risen from under $15 in September to the current price of $134.
“Tellor continues to be a force in crypto, jumping as high as $131 today and nearing its May 2021 all-time high. The asset is +1,025% in three months, now 112th in market cap rank, and key 1,000-100,000 TRB wallets have accumulated 15% of the supply in seven weeks.”
According to Santiment, The Graph (GRT) indexing protocol has recently observed a high level of whale activity, with 149 transactions worth over $100,000 each and the addition of 620 new wallets as of November 6th.
According to the latest reports coming from the online publication the Daily Hodl, since October 19th, The Graph has almost doubled and experienced significant whale movement and new address creation.
The mean dollar age line moving down for GRT is often regarded as validation to identify whether a bullish trend can continue.
Additionally, Santiment has revealed the current crypto assets that traders are interested in based on trending keywords.
These include Chain X Game’s Revolution Land (REVO), based in the Middle East, and Ordi (ORDI), the first BRC-20 token on the Bitcoin blockchain, which can now be traded on the world’s largest crypto exchange.
“While crypto has had one of its least volatile days in the past month, traders are discussing these top trending topics:
RevoLand: Web3 game ecosystem
Quantum: Computing can potentially make mining more secure
ORDI: New listing on Binance.”
Stay tuned for more juicy news from the crypto space.
