Classic whale behavior: accumulating during dips, driving up prices, and signaling confidence with increased holdings. The derivative market’s optimism and long-biased positions
Main to remember: MEMECORE surged 93% to $1.1 ATH, with whales buying 51.9 million tokens. Can the momentum support the upward trend? MEMECORE rebounded from $0.39, reaching $1.1, then settling at $0.983. Altcoin’s volume and market cap surged, signaling increased activity. The derivative market saw increased optimism, with open interest jumping by 211%. Will the upward trend hold? 🐋
Whales bought the dip as MEMECORE dropped below $0.4. Top holders accumulated 33% more assets, indicating whale accumulation. The derivative market showed optimism, with investors rushing in as prices recovered. Long/short ratio favored long positions, suggesting a strong demand. 📈
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