A savvy investor, known for raking in a $920,000 profit trading $MOTHER, has made a significant move in the past 10 hours.
They’ve spent $530,000 (3,391.22 $SOL) on $MOODENG, with an average price of $0.234.
This isn’t the smart money’s first foray into $MOODENG. Their total investment stands at $804,000, with 120,000 coins sold at $0.0388. However, the remaining holdings are currently facing a floating loss of $97,500.
Despite this, the $MOODENG holder count continues to grow, with prices stabilizing between $0.23 and $0.29.
Notably, the top holder has been actively accumulating coins, snapping up 20,000,000 in just two days. This aggressive buying spree, largely facilitated through @okx, accounts for 90% of their total accumulation.
Industry insiders speculate that this accumulation may be a precursor to a listing on a major exchange. The smart money’s moves are often telling, and this significant investment could be a bellwether for $MOODENG’s future performance.
As the holder count increases and coins become more distributed, all eyes are on $MOODENG. Will this smart money move pay off, or is it a calculated risk? Only time will tell.
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: oak22studio/123RF // Image Effects by Colorcinch
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