- PNUT whale withdraws $6 million in ACT tokens from Binance, sparking bull market hypothesis.
- ACT is gaining consideration amid value spikes and corrections.
- ACT is buying and selling at $0.56 after a 2148% achieve; The RSI suggests a short-term easing of bearish momentum.
Ranked ninth amongst Act I: The AI Prophecy (ACT) token holders, the massive whale Peanut the Squirrel (PNUT) has pulled 10 million ACT tokens from the Binance change. This transfer means that the whale is bullish on the long run value trajectory of the ACT token.
Arkham Intelligence studies {that a} PNUT whale, recognized as “6jtAdr…ijN8Ci,” withdrew 10 million ACT (price about $6.11 million) from Binance on Monday at 21:38-21:39 UTC+8. This caught the eye of the crypto neighborhood. On the time of writing, ACT is buying and selling at $0.5603, down 3% within the final day. The chosen tokens have a present worth of $5,624,315.
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The whale's tackle additionally homes PNUT, price roughly $12.1 million, and Goatseus Maximus (GOAT), price $1.58 million. The full worth of the pockets is a considerable $19.68 million, a drop of $191.83 thousand in 24 hours. The pockets comprises 10 million ACT, 10 million PNUT and a pair of million GOAT tokens plus 5 million OPUS and URO tokens.
ACT Value Evaluation
ACT is ranked 153 on CoinMarketCap. Its value has risen by 2,148.15% within the final month and reached an all-time excessive of $0.942 18 days in the past. The speedy rise of this meme coin is expounded to its itemizing on Binance in early November, which expanded its investor base.
The Relative Power Index (RSI) on the 4-hour chart is exhibiting a bearish bullish momentum for ACT. The RSI is beneath 50, indicating that the bears have gained management within the quick time period. This implies a continued value correction. Nonetheless, the gradient of the road means that the downtrend could also be short-lived because the bearish stress fades.
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