Since the end of August this year, the price of the oracle project Tellor (TRB) has skyrocketed from about US$14, and the contract price once approached US$80 last week, causing many air forces to bleed.
Originally, the market thought that TRB, which had quickly halved from US$80 in three days, had already declined. Unexpectedly, with the rise of Bitcoin yesterday, TRB once again shot up to US$74, a 15.5% increase in the past 24 hours, causing the community to cry out. It’s really an immortal demon coin.
5 new whale accumulate 141,328 TRB from Binance
It is worth noting that earlier today (21st), the on-chain data monitoring account S pot On Chain tweeted that in the past 24 hours, a total of 5 new whale accumulated 141,328 $TRB (approximately) from Binance. $9.48 million, average price: $67.04), they may have driven TRB’s rise yesterday.
S pot On Chain continued its analysis and pointed out that there are currently 15 whale addresses, which have accumulated a total of 1.444 million TRB from Binance and OKX in these two months (approximately US$39.6 million at the time, average price: US$27.4).
Currently, they still hold 995,491 $TRB (approximately $71.8 million), accounting for 39.2% of the total supply.
In other words, these whale still have a very strong influence on the price of TRB. Whether it rises or falls depends entirely on their will. Dongzhong reminds investors not to easily judge the trend of the token based on technical analysis. Future fluctuations may be very violent. , please be careful of the risks.
