- A whale accumulated millions of AAVE, MKR, IMX, and FET and moved them from exchanges.
- AAVE may hit $110 while MKR also showed bullish prospects in the short term.
- IMX’s 4x 365-day increases may move higher but FET may continue correcting.
Tokens including Aave (AAVE), Maker (MKR), Fetch.ai (FET), and Immutable X (IMX) have experienced a surge in accumulation lately, Lookonchain disclosed. According to Lookonchain, whales have been at the forefront of this accumulation.
Details from the on-chain tracking handle showed that a whale reportedly withdrew $4.7 million worth of AAVE and $3.18 million worth of MKR from Binance. Other wallets owned by the same whale sent 1.57 million FET and 2.57 million into a self-custodial wallet around the same period.
Fresh whale wallets are accumulating $MKR, $AAVE, $IMX, and $FET!0x04e9 withdrew 47,096 $AAVE($4.7M) and 2,251 MKR($3.18M) from #Binance 10 hours ago.https://t.co/TbOkgxxLXH
3 fresh wallets (funded by the same address, possibly belonging to the same person) withdrew 2.57M… pic.twitter.com/274oy9atSq
— Lookonchain (@lookonchain) December 25, 2023
This suggests a bullish move could be coming for the cryptoc…
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