Tellor Whales Trigger 33% TRB Freefall: Who Dumped, and How Much Did They Make?

2023-11-14 21:00

Data from on-chain analytics firm Lookonchain reveals that several major Tellor (TRB) whales sold a portion of their holdings over the past week, taking substantial profits after TRB’s parabolic rally in October.

Three large transactions spotted moving TRB from Binance to unknown wallets paint a mixed picture of profit-taking. One whale depositing at $107 after withdrawing at $94 made nearly $1 million in gains. However, another company taking funds out at $138 and back in at $95 realized a $4 million loss.

These moves contributed to a greater than 30% pullback in TRB from its recent highs above $150. Some holders likely felt TRB was overextended after its 150%+ October pump and seized the opportunity to realize some gains.

However, Lookonchain notes that there are still 20 whales holding over 1 million TRB worth nearly $100 million combined. These long-term holders are still firmly in profit overall, up tens of millions with TRB’s huge run in 2022.

Many may simply be taking some capital off the table while maintaining core positions, expecting further upside. The data highlights normal profit-taking activity after a parabolic advance and doesn’t necessarily signal a topping out of the bullish trend.

Read also:

Bitcoin, MATIC and These Altcoins Are Top Cryptos to Watch This Week Dogecoin Devotees Pivot to This New Memecoin, Eyeing a Fresh Financial Frontier How Taraxa (TARA) Could Mirror Kaspa’s Parabolic Success

These major holders will be key to watch to gauge when TRB’s larger correction may materialize if they begin offloading in size. For now, selling remains limited as most whales continue hovering near record-high holdings.

We recommend eToro 74% of retail CFD accounts lose money. Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.

The post Tellor Whales Trigger 33% TRB Freefall: Who Dumped, and How Much Did They Make? appeared first on CaptainAltcoin.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Tellor (TRB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $36.74
Капитализация $0 Rank 99999
Доступно / Всего 0 TRB

trb tellor whales past holdings portion sold

Источник: captainaltcoin.com

trb tellor → Результатов: 28


Whales Have Unrealized Profit of $10M+ on Tellor (TRB) and May Crash the Market Soon – Onchain Analysis

Tellor (TRB) has been on a strong uptrend in recent months, with gains of more than 10% today, 78% in the last month, and close to 400% so far this year. However, according to a recent onchain analysis by crypto analytics firm Lookonchain, some major Tellor (TRB) holders have accumulated large positions worth over $20 […] The post Whales Have Unrealized Profit of $10M+ on Tellor (TRB) and May Crash the Market Soon – Onchain Analysis appeared first on CaptainAltcoin.

2023-10-20 14:30


Фото:

BarterTrade All Set For a Q3 Launch With Tellor Oracle DeFi Protocol Among One of the 7 Digital Assets

BarterTrade will list DeFi Oracle Tellor ($TRB) upon launch. BarterTrade is a revolutionary modern-day digital asset trading platform established back in 2017 during the peak of the ICO boom. BarterTrade is all set for its official launch in the third quarter of 2020 with 7 digital assets including Tellor, a DeFi protocol set to helpRead MoreRead More.

2020-7-24 13:43


Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

BlockDAG Shatters Records: $30M Presale After Explosive Keynote Launch in Shibuya Blows Away Retik Finance’s LBank Listing 

The Retik Finance LBank Listing is set to broaden the accessibility of its DeFi products, yet it struggles to quell investor concerns about stability in the volatile crypto market. In contrast, BlockDAG has emerged as a beacon of stability and innovation, particularly after a successful keynote at Shibuya, which propelled its presale to an impressive […] The post BlockDAG Shatters Records: $30M Presale After Explosive Keynote Launch in Shibuya Blows Away Retik Finance’s LBank Listing  appeared first on CaptainAltcoin.

Top 5 Cryptocurrencies for 50X in 2024 – Expert Picks

The crypto market is abuzz with activity as the 2024 bull run unfolds, presenting an exciting opportunity for potential high returns. Investors are keen to discover which cryptocurrencies might lead the charge and multiply their investments manifold.