In the past 11 hours, GSR Markets has withdrawn an additional 33.73 million NEIRO tokens, valued at approximately $2.85 million, from Bybit as the token’s price has recently cooled off.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.
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.
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.
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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