Ethereum, Pepe, and Blur Gain Spotlight in Smart Money Accumulations
Release: 2024/03/07 20:54 Reading: 954
You can also read this news on COINTURK NEWS: Ethereum, Pepe, and Blur Gain Spotlight in Smart Money Accumulations
Nansen‘s latest on-chain data on Smart Money Accumulations has made Ethereum (ETH), Pepe (PEPE), and Blur (BLUR) the focus of attention among traders and investors worldwide. According to Nansen’s data, these altcoins rank at the top of the Smart Money accumulation list, leading to increased expectations of a strong upward price movement.
Top 10 Rankings in Smart Money Accumulations List
Nansen’s Smart Money Accumulations list, which indicates significant purchases by experienced and whale-level investors, historically points to positive market sentiment and is closely followed in the cryptocurrency world. ETH, BLUR, and PEPE securing spots in the top 10 of Nansen’s Smart Money Accumulations list reflect the growing interest and confidence of market participants, fueling enthusiasm for these altcoins.
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Nansen’s list is particularly valuable for information about the best tokens purchased by smart money on the Ethereum network. Meanwhile, Ethereum itself ranked fourth on the list with a net sale of 4.72 million dollars and an exchange entry of 277.94 million dollars. Similarly, BLUR and PEPE, ranked sixth and ninth respectively, stand out with net sales of 1.7 million dollars and 1.09 million dollars, and exchange entries of 36.36 million dollars and 5.42 million dollars, respectively.
Current Status of ETH, PEPE, and BLUR
ETH, PEPE, and BLUR have drawn the attention of cryptocurrency traders and investors worldwide, especially due to ETH and PEPE’s impressive gains over the past month, indicating an uptrend.
Despite a decline in ETH’s price in the last 24 hours, its significant monthly increase of about 60% reflects confidence in the future price trajectory of the altcoin king.
Although PEPE has experienced a slight decrease in price in the last 24 hours, its remarkable monthly increase of over 600% showcases the market’s optimism towards the token. Moreover, despite showing increased volatility, BLUR has demonstrated a notable 20% rise over the past month, leading to speculation about the associated Smart Money accumulations with this altcoin.
The post first appeared on COINTURK NEWS: Ethereum, Pepe, and Blur Gain Spotlight in Smart Money Accumulations
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