What Crypto Whales Are Buying for Potential Gains in August 2024
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Despite a 4% drop in global cryptocurrency market capitalization, crypto whales are buying Toncoin, Tron, and Binance Coin. Toncoin, linked to Telegram, saw a 17% price decline, but whales are accumulating it due to negative MVRV ratios indicating undervaluation. Tron saw a 243% increase in large holders' netflow, suggesting a bullish trend despite sideways price movement. Binance Coin shows a sideways price movement but an upward trend in Chaikin Money Flow, indicating accumulation by larger investors.
Kaynak: beincrypto.com ↗
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