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


by CoinEdition
Wintermute Buys the Dip 19M NEIROETH Tokens Added Despite 97% Crash
  • 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.

Read the article at CoinEdition

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


by CoinEdition
Wintermute Buys the Dip 19M NEIROETH Tokens Added Despite 97% Crash
  • 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.

Read the article at CoinEdition

Read More

Why ‘ETH Is Going to $10,000,' Explains EMJ Capital Founder and President

Why ‘ETH Is Going to $10,000,' Explains EMJ Capital Founder and President

Eric Jackson, the founder and president of EMJ Capital, a Toronto-based hedge fund, e...
SharpLink Gaming Overtakes Ethereum Foundation as Largest Corporate Holder of ETH

SharpLink Gaming Overtakes Ethereum Foundation as Largest Corporate Holder of ETH

The firm now holds 280,706 ETH worth about $840 million after last week's purchases.