NEIROETH has dropped a massive 97% in the past 24 hours.
Wintermute bought 19.11 million NAIROETH, bringing its total holding to 55.36 million NEIROETH.
NEIROETH crashed after Binance announced the listing of its rival, NEIRO.
Algorithmic trading firm Wintermute has added a substantive 19.11 million Neiro Ethereum (NEIROETH) tokens, even as the altcoin’s price plummeted 97% in the past 24 hours. Blockchain analytics platform Spot On Chain reported the move, highlighting Wintermute’s increased NEIROETH holdings to 55.36 million tokens, valued at roughly $195,420.
Here are the related addresses:
1. Trader "0x6ac": https://t.co/ZkkHhMpyzV
2. Trader "0xc05": https://t.co/R0gSlU3L1i
3. Trader "0x090": https://t.co/sZoKD6BfyN
4. Wintermute Trading entity: https://t.co/17TC0ML9uH
— Spot On Chain (@spotonchain) September 17, 2024
At the time of writing, NEIROETH is trading at $0.003521, reflecting the 97.23% drop. However, trading volume has surged by 333.98%, according to CoinMarketCap. The altcoin’s market capitalization has shrunk to $3.4 million, placing it as the 374th-largest cryptocurrency.
Binance Listing Triggers Price Swings
The price crash for NEIRO…
The post Wintermute Buys the Dip: 19M NEIROETH Tokens Added Despite 97% Crash appeared first on Coin Edition.
