In the exciting events witnessed in the cryptocurrency world recently, ETH, PEPE coin and BLUR have garnered great attention among crypto market traders and investors globally as Nansen revealed important on-chain insights into the orbit of Smart Money accumulations. Consistent with this data, ETH, BLUR, and PEPE were among the top tokens, ranking fourth, sixth, and ninth, respectively, according to Nansen’s smart money token entry list. This has led to great optimism for these tokens in the broader crypto market and pointed to increased price movements for the above-mentioned altcoins.
Nansen list: The smart money is PEPE coin and these!
Smart Money accumulations are riding the usual optimistic market wave of significant whale accumulations by seasoned and seasoned investors. This further reflected the market optimism towards these tokens and attracted great attention among crypto market enthusiasts around the world. The list summarizes some of Smart Money’s top tokens purchased on the Ethereum network. ETH ranked fourth on the list, recording net sales of $4.72 million to Smart Money, with foreign exchange inflows of $277.94 million. Other coin entries are as follows:
Meanwhile, listed Blur recorded net sales of $1.17 million, while the token recorded an exchange outflow of $36.36 million. Additionally, PEPE, which ranks ninth on the list, recorded net sales of $1.09 million with a foreign exchange inflow of $5.42 million. This has attracted the attention of crypto market traders and investors globally, with ETH and PEPE posting notable gains last month, mirroring the bull run. Simultaneously, Blur has been quite volatile over the past month. However, the significant monthly increase at the time the news was published attracted more attention.
While BLUR rose, others fell
cryptokoin.com According to data, the price of Ethereum has recorded a marginal decline of 0.43% in the last 24 hours and is currently trading at $3,788. With monthly gains of nearly 60%, optimism for the token is further aligned with Smart Money holdings. Meanwhile, the price of PEPE coin decreased by 12.21% in the last 24 hours, reaching $0.000006767. However, even PEPE’s staggering 616.05 percent monthly rise reflects the optimism in the market and is in line with smart money savings.
Surprisingly, Blur’s price increased by 4.81% in the last 24 hours and is currently trading at $0.6768. Although the token’s monthly rise was not as massive as the above-mentioned altcoins, an almost 20% rally was notable as Blur traded with quite a bit of volatility, giving rise to speculation about Smart Money accumulations in this altcoin’s orbit.
However, with the increasing sense of confidence exhibited by these seasoned and seasoned investors, as seen in Nansen’s Smart Money list, crypto market enthusiasts are intensely watching these tokens for further rises ahead.
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