Whale Mobility Brings Altcoin Price Drop: Will Selling Continue?

The Graph Token (GRT) has lost up to 10% in value due to millions of dollar transactions by whales.

On-chain analytics platform Lookonchain 4th of July shared on his official social media account on in dataOne GRT whale during the day 886 thousand worth a dollar transfer And sales stated that he did. In addition, the Etherscan data of the whale 655 thousand a dollar transfer process more that you have accomplished showed.

According to the information given by the platform, the whale “0xDe3” via wallet, to Binance 786 thousand worth a dollar 6 million When depositing GRT “0xd89” from another wallet with an address decentralized exchanges (DEX) through 100 thousand worth a dollar 750 thousand GRT sold.

Besides, the whale to Coinbase also 655 thousand worth a dollar 5 million It was seen that he transferred GRT. whale available 3.7 million worth a dollar 28.52 million These assets while having GRT 25.3 million of staking is doing.

On the other hand, the analytics platform “0x4c0” And “0x969” have wallet addresses two different the whale too 2.13 million And 4.67 million in total, including 890 thousand dollar worth of GRT to KuCoin proved to be transferred.

What whales send to stock markets of GRTs It is not known whether he disposed of all of them, in case he did not sell them all. The price may decrease further.

Coinecko according to data “0xDe3” And “0xd89” with the transfers of the whale who owns their wallet to 10% close depreciating GRT, later to 4% experiencing a close recovery $0.131 level rose. GRT, as of writing $0.131 traded at the level.


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