Whales Show Frenzied Interest in Ethereum-Based Altcoin, Prices Surge 832% in Two Months
Whales are showing significant interest in Tellor (TRB), a decentralized oracle protocol that rivals Chainlink (LINK), according to crypto analytics firm Santiment.
TRB clocked 51 unique $100,000+ transactions on Monday, a new all-time high. The asset is currently trading at $91.66, up more than 832% from $9.83 two months ago. Despite the massive gains, TRB remains more than 43% down from its all-time high of $161.12, which it hit in May 2021. Santiment also notes that TRB’s unique active addresses and newly created addresses are both surging.
In addition to TRB, other altcoins that are seeing significant interest from whales include LINK, MATIC, APT, and AAVE. These altcoins are all outperforming Bitcoin (BTC), which is showing signs of recovery. Overall, the crypto market is showing signs of strength, with altcoins leading the charge.
Clever Robot News Desk 26th October 2023
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