In the past 11 hours, GSR Markets has withdrawn an additional 33.73 million NEIRO tokens, valued at approximately $2.85 million, from Bybit as the token’s price has recently cooled off.
This brings the total NEIRO withdrawals by the market maker over the last 14 days to a staggering 74.13 million tokens, equivalent to 7.41% of the total supply.
GSR Markets further withdrew 33.73M $NEIRO (@NeiroOnEthereum) ($2.85M) from #Bybit 11 hours ago as the price cooled down lately!
The market maker has withdrawn 74.13M $NEIRO, or 7.41% of the total supply, from Bybit over the last 14 days.
Follow @spotonchain and track… https://t.co/EL0xysUsO6 pic.twitter.com/YWg8OeyAIZ
— Spot On Chain (@spotonchain) October 22, 2024
After experiencing a significant price surge last week, NEIRO is now quietly consolidating, with market analysts watching closely for the next upward move. The explosive breakout and bullish momentum have led many to anticipate further gains once this consolidation phase concludes.
OKX Plans To List NEIRO On Its Exchange
In a notable development, OKX recently announced plans to list NEIRO on its exchange. The platform will begin offering NEIRO/USDT spot trading at 10:00 AM UTC on October 22nd, further expanding the token’s presence and providing additional liquidity for traders.
📢 #NewListing #OKX will list $NEIRO @neiro!
🟢 $NEIRO/USDT Spot trading begins at 10:00 AM on October 22nd (UTC)
More: https://t.co/AhSEikJ3Jf pic.twitter.com/MdauLLCjqY
— OKX (@okx) October 22, 2024
With growing interest from both investors and exchanges, NEIRO’s market trajectory remains one to watch, as it builds momentum following a period of strong performance. The token’s consolidation phase is seen by some as a healthy step in its price development, potentially setting the stage for a new wave of upward movement in the coming weeks.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service.
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