NOT Whales Continue to Accumulate Despite Price Dip
CryptoNewsTerminal Staff28 May, 2024
NOT Whales Continue to Accumulate Despite Price Dip
Despite the recent price drop, large investors, known as whales, have been steadily accumulating NOTcoin (NOT). According to a report by CryptoQuant, whale addresses have been continuously buying NOT, indicating a long-term bullish outlook for its price. This trend is notable as it comes at a time when the overall market has been experiencing a downturn. The continuous buying by whales suggests that they believe in the long-term potential of NOT and are willing to invest in it even during periods of volatility. It is important to note that the price of NOT has been highly volatile since its launch. However, the sustained buying by whales provides support for the idea that the price may eventually recover and reach new highs.
