Whale Purchase of $6.02M in MOG Spurs 20% Price Increase
In a notable market development, a whale invested 1,805.9 ETH ($6.02M) to acquire 22.165 billion MOG tokens, triggering a 20% surge in MOG's price over the last 7 hours.
The transaction began with the whale withdrawing 1,805.9 ETH ($6.02M) from Bitget 7 hours ago. The funds were used to purchase MOG tokens on-chain via the Bitget Wallet at an average price of $0.0000027 per token. This significant buy has driven a marked price increase, highlighting the sensitivity of token prices to large-scale investments.
This event underscores the substantial influence of major investors on market dynamics, emphasizing the volatile and fast-moving nature of the cryptocurrency space.
