The latest on-chain data shows that the largest holder of NEIROETH tokens (contract ending in 2637), Trend Research, has recently taken action to reduce their holdings. This institution originally held 67% of the NEIROETH tokens, but in the past 20 minutes, they transferred approximately 38.6 million USD worth of 49.69 million NEIROETH to Bybit exchange.
Despite this large-scale transfer, Trend Research's on-chain address still holds 621 million NEIROETH tokens, accounting for approximately 62.1% of the total supply. This move has sparked numerous speculations in the market regarding the future direction of NEIROETH.
Analysts point out that the trading behavior of large holders often has a significant impact on token prices. Some believe this could be a normal operation of Trend Research adjusting its portfolio based on market conditions. Another view worries that this may signal an upcoming selling pressure.
Regardless, NEIROETH investors and market participants should closely monitor subsequent developments. This event reminds us once again that in the highly volatile cryptocurrency market, the flow of funds and the behavior of large holders are always important indicators worth paying attention to.
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SolidityJester
· 9h ago
This reduction is really hilarious, isn't it?
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MetaverseMigrant
· 09-05 19:34
It's on!
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FortuneCat
· 09-04 04:21
Transferring to the exchange is to pump, now the market manipulator can still take a big bite.
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ImpermanentPhobia
· 09-04 03:49
Suckers are going to suffer again.
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NFTDreamer
· 09-04 03:45
Be Played for Suckers is here!
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MetaReckt
· 09-04 03:44
Running pretty fast? My hand is already ready to pay the bill.
The latest on-chain data shows that the largest holder of NEIROETH tokens (contract ending in 2637), Trend Research, has recently taken action to reduce their holdings. This institution originally held 67% of the NEIROETH tokens, but in the past 20 minutes, they transferred approximately 38.6 million USD worth of 49.69 million NEIROETH to Bybit exchange.
Despite this large-scale transfer, Trend Research's on-chain address still holds 621 million NEIROETH tokens, accounting for approximately 62.1% of the total supply. This move has sparked numerous speculations in the market regarding the future direction of NEIROETH.
Analysts point out that the trading behavior of large holders often has a significant impact on token prices. Some believe this could be a normal operation of Trend Research adjusting its portfolio based on market conditions. Another view worries that this may signal an upcoming selling pressure.
Regardless, NEIROETH investors and market participants should closely monitor subsequent developments. This event reminds us once again that in the highly volatile cryptocurrency market, the flow of funds and the behavior of large holders are always important indicators worth paying attention to.