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Wintermute Buys the Dip: 19M NEIROETH Tokens Added Despite 97% Crash


Wintermute Buys the Dip: 19M NEIROETH Tokens Added Despite 97% Crash

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  • NEIROETH has dropped a massive 97% in the past 24 hours. 
  • Wintermute bought 19.11 million NAIROETH, bringing its total holding to 55.36 million NEIROETH.
  • NEIROETH crashed after Binance announced the listing of its rival, NEIRO.

Algorithmic trading firm Wintermute has added a substantive 19.11 million Neiro Ethereum (NEIROETH) tokens, even as the altcoin’s price plummeted 97% in the past 24 hours. Blockchain analytics platform Spot On Chain reported the move, highlighting Wintermute’s increased NEIROETH holdings to 55.36 million tokens, valued at roughly $195,420.

At the time of writing, NEIROETH is trading at $0.003521, reflecting the 97.23% drop. However, trading volume has surged by 333.98%, according to CoinMarketCap. The altcoin’s market capitalization has shrunk to $3.4 million, placing it as the 374th-largest cryptocurrency.

Binance Listing Triggers Price Swings

The price crash for NEIRO…

The post Wintermute Buys the Dip: 19M NEIROETH Tokens Added Despite 97% Crash appeared first on Coin Edition.

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Coins

$ 1.66K

-6.81%

$ 0.00742

-4.92%

$ 0.00...361


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Coins

$ 1.66K

-6.81%

$ 0.00742

-4.92%

$ 0.00...361


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