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Smart DEX Traders Continue To Accumulate $NEIRO Amid Profit-Taking

Tags: money
DATE POSTED:August 7, 2024

Over the last three days, Smart DEX Traders have engaged in profit-taking, but the general trend shows continuous accumulation of $NEIRO.

Notably, significant entities such as Whales and Smart Money are still actively accumulating $NEIRO, with a notable 30% increase in the past 24 hours.

Whale Wallet Accumulates More $NEIRO Token After Hitting Some Notable Profits 

iCrypto has identified a Smart Wallet that recently repurchased $NEIRO after realizing substantial profits from the token.

Just an hour ago, wallet 0xf6f1 (icrypto.ai/wallet/0xf6f18…) bought 429.11K $NEIRO at an average price of $0.2440.

Here’s a breakdown of this wallet’s $NEIRO trading activity:
– Eight days ago, the wallet spent $89.47K to acquire 3.14M $NEIRO at an average price of $0.03137.

– Since that purchase, $NEIRO’s value has surged by 800%, leading to the wallet selling off the previously acquired $NEIRO and realizing a profit of $419.22K (420.8%).

– Currently, the wallet holds 429.11K $NEIRO, valued at $107.19K.

$NEIRO – Re-accumulation from Smart DEX Traders

Over the past 3 days, Smart Dex Traders have gradually taken some profits, but overall they are still accumulating $NEIRO.

Labels such as Whales and Smart Money are still continuously accumulating $NEIRO, which increases by +30%… pic.twitter.com/zXwxzf9nz0

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) August 7, 2024

This pattern of strategic buying and selling underscores the ongoing interest and confidence in $NEIRO among savvy traders, suggesting a positive outlook for the token’s future performance.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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Image Source: maximusnd/123RF // Image Effects by Colorcinch

The post Smart DEX Traders Continue To Accumulate $NEIRO Amid Profit-Taking appeared first on The Merkle News.

Tags: money