ETH sending volume soars to a 22-month high, CHZ rises strongly
Crypto whales are at it again, this time accumulating Ether (ETH) like crazy, with sending volume reaching a 22-month high. According to data from analytics firm Santiment, these whales are devouring Ethereum-based fan engagement tokens, especially Chiliz (CHZ).
Chiliz, a web3 infrastructure provider for sports and entertainment, saw its native token CHZ rise by nearly 2% in the past 24 hours, and by more than 14% in a week, reaching a staggering 27%. CHZ's strong performance shocked the currency circle, and investors have paid attention to this emerging market hotspot.
The surge in ETH sending volume and the rapid rise of CHZ herald another round of turbulence and opportunities in the crypto market. The data is for reference only, and investment should be cautious. In this whale frenzy, who can seize the opportunity and who will be swallowed up? The answer is about to be revealed. $ETH
