CHZ Whales Boost Accumulations, Ignition for Price Surge?

IconCryptoNewsTerminal Staff26 May, 2024

cryptonews.jpg

CHZ Whales Boost Accumulations, Ignition for Price Surge?

CHZ Whale Activity Sparks Optimism Cryptocurrency data analytics firm Santiment reveals that whales holding over 10 million CHZ have amassed a substantial 42.67 million CHZ within the past 30 days. This notable accumulation suggests growing interest among large investors in the digital asset. Additionally, trading volume has been consistently rising, further supporting the potential for price appreciation. Recently, CHZ reached its highest price in six weeks, indicating positive market sentiment. With the accumulation by whales and increasing trading volume, CHZ appears poised for further growth in the near term. Investors should monitor the asset's performance closely to capitalize on any potential opportunities.