Whale Transfers Billions of USDT, Gaming Token Prices Rise
- An analyst shared that he believes a whale used massive amounts of USDT to stock up on gaming tokens.
- PYR, MANA, SAND, ILV, and RNDR all saw their prices increase in the past 24 hours.
- ILV attracted the most attention as its price surged by over 14% since yesterday.
The well-known cryptocurrency analyst and trader, Crypto Tony, shared in an X post yesterday that he believes a whale is stocking up on gaming tokens. According to the post, a whale transferred 1,347,167,859 USDT from an unknown wallet to Bianace.
This might, in fact, be the case as gaming tokens like Vulcan Forged PYR (PYR), Decentraland (MANA), The Sandbox (SAND), Illluvium (ILV), and Render (RNDR) all saw their prices increase over the past 24 hours of trading. At press time, PYR was trading at $4.00 after its price rose by 0.84%, according to CoinMarketCap.
This meant that the token was trading just below its 24 hour high price of $4.04. Meanwhile, PYR’s 24 hour trading volume fell b…
The post Whale Transfers Billions of USDT, Gaming Token Prices Rise appeared first on Coin Edition.
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Whale Transfers Billions of USDT, Gaming Token Prices Rise
- An analyst shared that he believes a whale used massive amounts of USDT to stock up on gaming tokens.
- PYR, MANA, SAND, ILV, and RNDR all saw their prices increase in the past 24 hours.
- ILV attracted the most attention as its price surged by over 14% since yesterday.
The well-known cryptocurrency analyst and trader, Crypto Tony, shared in an X post yesterday that he believes a whale is stocking up on gaming tokens. According to the post, a whale transferred 1,347,167,859 USDT from an unknown wallet to Bianace.
This might, in fact, be the case as gaming tokens like Vulcan Forged PYR (PYR), Decentraland (MANA), The Sandbox (SAND), Illluvium (ILV), and Render (RNDR) all saw their prices increase over the past 24 hours of trading. At press time, PYR was trading at $4.00 after its price rose by 0.84%, according to CoinMarketCap.
This meant that the token was trading just below its 24 hour high price of $4.04. Meanwhile, PYR’s 24 hour trading volume fell b…
The post Whale Transfers Billions of USDT, Gaming Token Prices Rise appeared first on Coin Edition.
Read More
Chart of the Week: 'Hyperbitcoinization' May Not Be Just Maximalist Fantasy Anymore