On August 29th, blockchain analytics platform Lookonchain flagged a significant transaction from prominent trader “0xSunNFT,” who deployed 30 ETH worth roughly $133,800 into Block token accumulation. The purchase resulted in securing approximately 807,301 Block tokens.
This move comes as part of the KOL’s broader market activity. “0xSunNFT” has previously demonstrated strong execution in high-conviction plays, most notably generating over $24 million in realized profits from Trump-related trading positions. The trader’s history of successful plays has attracted considerable attention within the crypto community.
At current market conditions with ETH trading around $2.98K, this 30 ETH deployment represents a substantial capital allocation into the Block ecosystem. Lookonchain’s monitoring continues to track such whale movements as indicators of potential market sentiment shifts and institutional interest in emerging tokens.
The Block token acquisition underscores how established KOLs leverage their capital and market timing expertise to position ahead of broader market moves. Whether this signals confidence in Block’s fundamentals or represents profit-taking rotation remains a point of discussion among community observers tracking whale wallets.
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Whale KOL "0xSunNFT" Allocates 30 ETH to Block Token Position, Following Track Record of Multi-Million Gains
On August 29th, blockchain analytics platform Lookonchain flagged a significant transaction from prominent trader “0xSunNFT,” who deployed 30 ETH worth roughly $133,800 into Block token accumulation. The purchase resulted in securing approximately 807,301 Block tokens.
This move comes as part of the KOL’s broader market activity. “0xSunNFT” has previously demonstrated strong execution in high-conviction plays, most notably generating over $24 million in realized profits from Trump-related trading positions. The trader’s history of successful plays has attracted considerable attention within the crypto community.
At current market conditions with ETH trading around $2.98K, this 30 ETH deployment represents a substantial capital allocation into the Block ecosystem. Lookonchain’s monitoring continues to track such whale movements as indicators of potential market sentiment shifts and institutional interest in emerging tokens.
The Block token acquisition underscores how established KOLs leverage their capital and market timing expertise to position ahead of broader market moves. Whether this signals confidence in Block’s fundamentals or represents profit-taking rotation remains a point of discussion among community observers tracking whale wallets.