The crypto community is buzzing after $NEIRO skyrocketed 175% following Binance’s announcement of the launch of its perpetual contract.
While many remain on the sidelines, shocked by the massive pump, WinterMute has taken an aggressive stance, purchasing $150K worth of $NEIRO at current market prices.
Of the first 500 $NEIRO holders, only 40 wallets hold more than $10K in the token. This small group collectively owns 78.2 million $NEIRO, which equates to $11.5 million.
One notable trader, using the @BananaGunBot, sniped $NEIRO’s launch with just 0.4 ETH, transforming $1,308 in ETH into a staggering $654K in realized profits. They still have $276K in unrealized gains, showcasing the token’s wild volatility.
Another address has managed to make over 800% in gains from $NEIRO, adding to their impressive list of wins, including successful trades in $MAGA, $ONI, and $BULEI. However, they have also experienced substantial losses, such as a $26K investment in $YAWN that plummeted to just $500—a crushing 98% loss.
Yet another trader boasts an 85.25% win rate over the past 90 days. This individual has enjoyed incredible success with $NEIRO, realizing gains of 1,848%, and still holds $414K worth of the token.
Interestingly, many of the wallets that scooped up $NEIRO during the lows between September 2nd and 4th are now showing a sudden surge in confidence. Notably, several of these wallets were funded either directly by a centralized exchange (CEX) or had close connections to one.
As $NEIRO continues to shake up the market, all eyes are on its next move.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Image Source: sakchai/123RF // Image Effects by Colorcinch
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