NEIRO Breaks Out: Whales Dive In, But Some Cash Out
NEIRO (Neiro on Ethereum) appears to be breaking out of its accumulation phase, with whale activity heating up across the board.
đHereâs a breakdown of the key players making moves:
On the Buy Side:
GSR Markets now holds a whopping 40.4 million NEIRO, accounting for 4.04% of the total supply. Their last accumulation took place two days ago, signaling strong confidence in NEIRO's future.
Address: 0x56f9f854e3b22307ad9fc6f57c57f302c519fbc5
Smart Trader 0xe9f, known for selling $1M worth of OM and ATH, has just swapped them for 8.45 million NEIRO in the last 3 hours. This trader has already made a net profit of $253K from previous OM and ATH trades.
Address: 0xe9f4f2a69971f04f7c51cc43922e58de7ec30d12
bwecapital.eth (@Vida_BWE) has also jumped in, accumulating 4.065 million NEIRO, or 0.4% of the circulating supply, two days ago. Heâs bullish and has openly shared his position on X (formerly Twitter).
Address: 0xaf0c57295e243f33cf82f3c65bd49716a71ba59c
On the Sell Side:
A SHIB whale, with a staggering $145M profit from the meme coin, sold off 17.5 million NEIRO at a loss of $1.49M (-55%) just five days agoâright before the recent pump.
Addresses: 0x9ba831f068ea0bd605071e83377589a6249fba81 / 0x3fce7b1096bd66accd17d50758e886b15b892068
Meanwhile, Whale 0x00d deposited 4.7 million NEIRO ($531K) to Bybit just 18 hours ago, securing a $247K profit (+87%).
Address: 0x00d60f6a85d121d5fe4d13b28ec87fdd3e9c3b04
With whales making moves on both the buy and sell sides, NEIRO's breakout phase is in full swing, signaling potential volatility as big players reshuffle their positions.
