Several Notable Players Entered the $NEIRO Game, Accumulating Substantial Amounts of the Token
- Patricia ArquetteOriginal
- 2024-10-15 15:16:13924browse
The price of $NEIRO, the native token of the Neiro project on Ethereum, has been on a tear, soaring by over 38% yesterday and continuing its climb
Several large cryptocurrency market makers and traders have been making substantial purchases of a new Ethereum-based token, called $NEIRO, ahead of its recent price rally.
As the price of $NEIRO soared by over 38% yesterday and continued to climb with an additional 20% gain today, several notable players entered the game.
One of them is GSR Markets, which made a significant move three days ago by purchasing 15 million $NEIRO, valued at $939,000 at the time of acquisition. This holding has since increased in value to $1.17 million.
GSR Markets further reinforced its position by withdrawing an additional 25.4 million $NEIRO (worth $2.41 million) from Bybit just eight hours ago, bringing its total holdings to 40.4 million tokens—roughly 4.04% of $NEIRO's circulating supply.
Another major player is bwecapital.eth, controlled by Vida (@Vida_BWE), who has been actively accumulating $NEIRO. Vida withdrew 4.065 million $NEIRO ($298,000) from Bybit just nine hours ago and tweeted about holding 0.4% of the circulating supply.
He believes $NEIRO has the potential to become the next $PEPE, a memecoin that saw explosive growth earlier this year.
Two new whales also made substantial investments in $NEIRO. One, identified by wallet address 0xa1d, exchanged 158.44 $ETH ($375,000) for 5.15 million $NEIRO ten hours ago. Another whale, 0x00d, swapped $309,000 worth of $ETH for 5.114 million $NEIRO just 20 hours ago.
The price of $NEIRO soared over 38% today, and the influx of whales and market makers has drawn significant attention, further fueling the token’s meteoric rise.
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