🔥🔥Beware of the Selling Wave in Altcoin: Whales Carried 16 Percent of the Supply in the Last 3 Days! 🔥🔥
According to the data shared by the on-chain analysis platform Lookonchain, the whale named “0xdCaC”, who took advantage of the increase in the Tellor Tributes (TRB) price, transferred 205,000 TRB, worth $11.7 million, to the OKX exchange.
While this transaction affected approximately 8% of TRB's total supply, the whale made another large transfer to the OKX exchange with another whale on November 9. In that day's transaction, there was a supply movement of 8.42% and a total of $12 million worth of TRB was transferred.
These large selling movements naturally negatively affected the TRB price. Despite the general rise in the market, TRB has been one of the altcoins that has lost the most value in the last 24 hours. TRB has lost 15% in the last 24 hours and is trading at $81.17 at the time of writing.
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