Whale Buys $6.02M Worth of MOG, Driving a 20% Price Surge
In a significant market move, a whale spent 1,805.9 ETH ($6.02M) to purchase 22.165 billion MOG tokens, causing the price of MOG to rise by 20% within the past 7 hours.
The whale withdrew 1,805.9 ETH ($6.02M) from Bitget 7 hours ago and proceeded to make the purchase on-chain through the Bitget Wallet at an average price of $0.0000027 per token. This large transaction has fueled a notable price increase, reflecting the market's reaction to the substantial investment.
Such moves underline the influence of large-scale investors on token prices, showcasing the dynamic nature of the cryptocurrency market.