Neiro Ethereum (NEIRO) has seen a surge in activity, with significant whale movements reported as the token breaks out of a prolonged accumulation phase.
Neiro Ethereum (NEIRO) has seen a surge in activity, with significant whale movements being reported as the token breaks out of a prolonged accumulation phase.
This recent breakout has drawn attention from major players in the market, sparking interest in both buying and selling activities. The activity has been noted by Spot On Chain, which provides key insights into whale transactions, fueling speculation about the token’s future trajectory.
NEIRO’s price action shows a clear breakout from a lengthy accumulation phase, as observed in recent market data. The token traded sideways for weeks, with prices stabilizing between $0.02 and $0.06.
This period of low volatility ended abruptly in early October when NEIRO surged past $0.10. The breakout suggests a shift in market sentiment, with strong buying pressure overcoming previous resistance levels.
This shift aligns with the increasing activity from large holders of the token, indicating renewed interest and potential bullish momentum.
On the buy side, whales have been actively accumulating NEIRO tokens, increasing their stakes in the memecoin. Notably, GSRMarkets now holds 40.4M NEIRO, which accounts for 4.04% of the total supply. This accumulation, occurring just two days ago, points to a growing confidence in the token’s potential.
Other whale activity includes a trader purchasing 8.45M NEIRO by selling $1M worth of OM and ATH tokens. Additionally, bwecapital.eth accumulated 4.065M NEIRO, representing 0.4% of the circulating supply. These transactions reflect the growing attention NEIRO is receiving from high-net-worth investors.
However, not all whales are buying. A whale that made a huge profit from SHIB sold 17.5M NEIRO at a $1.49M loss, just before the recent price pump. This sale, despite the significant loss, highlights the unpredictable nature of whale activity.
Moreover, another large holder deposited 4.7M NEIRO to Bybit, securing a $247K profit, capitalizing on an 87% gain since the breakout. These movements suggest that while some whales are taking profits, others see more long-term potential in the token.
Following the breakout, NEIRO’s price rose over 723% from its all-time low, peaking near $0.12. This price movement marks a new high compared to the earlier peak in August, signaling a strong bullish trend.
The accumulation phase near $0.05 served as a crucial support level, and the current breakout above $0.10 confirms a bullish continuation. With whale activity driving volume and market interest, NEIRO’s price movements may continue to experience volatility as traders capitalize on these significant market shifts.
The above is the detailed content of NEIRO Whale Activity Explodes – Here's Who Is Buying and Selling This Memecoin. For more information, please follow other related articles on the PHP Chinese website!

Despite brief moments of potential recovery, most of meme coins had a challenging week. Popular tokens like Bonk (BONK) and Pepe (PEPE) saw their prices drop by double digits.

The Neiro price plummeted 46% in the last 24 hours to trade for $0.01743 as of 09:30 a.m. EST. The NEIRO token's dump comes amid controversy over insider buying

The Neiro Ethereum Value skyrocketed 58% within the final 24 hours to commerce at $0.2095 as of 4.10 a.m. EST on buying and selling quantity that climbed 4% to $34.8 million.

NEIRO has emerged as one of the standout performers in the past week, with its price rocketing nearly 400% as indicated by CoinMarketCap data.

The Neiro price surged 45% in the last 24 hours to trade at $0.01199 as of 06:54 a.m. EST, with trading volume skyrocketing to $3 million.

Independent blockchain sleuth Wazz posted a public warning on July 28 that the “biggest $Neiro token on Ethereum is a honeypot.”

The NEIRO token has been showing resilience amidst a broader crypto market decline lately. Crypto analysts are watching NEIRO's price action, which is about to break out.

Neiro Ethereum (NEIRO), the dog-themed meme coin that was launched a few days ago, has hit another all-time high.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

AI Hentai Generator
Generate AI Hentai for free.

Hot Article

Hot Tools

SAP NetWeaver Server Adapter for Eclipse
Integrate Eclipse with SAP NetWeaver application server.

PhpStorm Mac version
The latest (2018.2.1) professional PHP integrated development tool

DVWA
Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software

SublimeText3 English version
Recommended: Win version, supports code prompts!

ZendStudio 13.5.1 Mac
Powerful PHP integrated development environment
