In the past several days, we have seen unexpectedly strong growth from $MKR ; however, iCryptoAI has proven to be bullish in the market again with the Early Buying Signals coming from its utilities.
Today, we will be looking at the past accumulation of these Smart Whales on DEX, and analyze whether MKR could potentially break the $4000 mark and rise to its ATH with the following:
Whales Early Buying SignalSmart Money AccumulationFuture Projection with iCryptoAI
Let's get into it!

Whales Early Buying Signals
Since the start of 2024, Smart DEX Traders have been setting up their trades on MKR by constantly accumulating the token in January when the price fluctuated around the $1400 - $1900 mark.
Up until then, their total accumulation is 302.49 MKR ($594.8K) with an average buying price of $1900.

Smart Money Accumulation
Digging into the price surge of MKR, we found that Smart Money is buying more MRK. In comparison with the past data:
In the past 24 hours, they have bought +2.35K (+$7.7M), +5.32% more.In the past 14 days, they have bought +1.92K (+$6.28M), +4.3% higher than before.

Future Projection with iCryptoAI
iCryptoAI is #Bullish on MKR at the moment. This is because recently, Whales have been deposited MKR onto CEX, and for each deposit cycle, the price rose significantly.
CEX Netflow 24H is $19.54M, which is 12.83% of the trading volume ($152.36M)

With those data at hand, we can be assured that MKR will be on its rise to $4000 shortly.
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