News

Smart Money Moves: Insider Buys $530,000 Worth Of $MOODENG Amidst Growing Holder Count

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.

$MOODENG Holder Count Continues Increasing 

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.

Related Post

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.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

Image Source: oak22studio/123RF // Image Effects by Colorcinch

Will Izuchukwu

Will is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.

Share
Published by
Will Izuchukwu

Recent Posts

Solana’s $3.2M Entrepreneur Story & BlockDAG’s $1 Potential

How Solana Transformed an Entrepreneur’s Life & Why BlockDAG Could Be the Next Millionaire Maker…

6 hours ago

SOL Market Cap Hits $100 Billion as Possible Infinaeon Long-Term Price Targets Surge

The SOL price has surged to well over $200 as its market capitalization exceeded $100…

11 hours ago

Binance Coin Whales Reap Big Profits as Polkadot Struggles; A New Crypto Presale Is Dominating Investor Attention

BNB is already flashing signs of a bearish sentiment despite launching a new stablecoin while…

13 hours ago

Three Crypto That Surprised The Market: Rollblock, Cardano, and XRP

The crypto market is no stranger to unexpected twists. However, the recent performances of Rollblock,…

13 hours ago

As Bonk (BONK) and Pepe (PEPE) Shine, Rollblock (RBLK) Captures the Market’s Attention With Upcoming Reveal

Meme coins are back with a bang and are as insanely volatile as ever! Bonk…

14 hours ago

2024’s Top 9 Crypto Staking Platforms to Make Passive Income

Staking has become one of the most effortless ways to generate passive income in the…

16 hours ago