A whale’s $1.4 million purchase of the altcoin brought a rise in price.
On-chain analysis account Lookonchain, in a post dated December 16, reported that a whale 80% increase live in multibit (MUBI) what he did to purchase And in price gave its effect.
The whale that was shared was seen during the day. $0.254 average with $1.41 million purchased MUBI worth 5.5 million. According to CoinGecko data 24 per hour $0.177 from levels 108% increase live MUBI, 0.369 reached the dollar.
The purchase made by the whale caused a big increase in the price. has an impact is considered.
Multibit is a protocol that aims to unify liquidity between the Bitcoin BRC20 network and Ethereum virtual machines (EVM). Bitcoin-based altcoins of the rally MUBI in a positive way estimated to affect is being done.
While Bitcoin-based altcoins have been the center of attention recently, it was predicted that the interest of Chinese senior citizens would bring a new rally.