The cryptocurrency market continues its dynamic growth, reaching a valuation of $3.31 trillion.
Over the weekend, some altcoins showcased impressive gains, while others experienced notable declines.
Top Gainers and Losers
Leading the market’s rally were TFUEL, KCS, and PNUT, which saw increases of 12.29%, 4.76%, and 4.37%, respectively. On the other hand, the steepest losses came from AI16Z (-15.77%), AIXBT (-14.15%), and BIO (-13.17%), highlighting the volatility in the market.
Crypto Market Shakes Up: Akuma Inu Surges, Ai16z and BIO Take Hits
The crypto market, now at $3.31T, continues to evolve.
Over the weekend, TFUEL (+12.29%), KCS (+4.76%), and PNUT (+4.37%) led gains, while AI16Z (-15.77%), AIXBT (-14.15%), and BIO (-13.17%) saw sharp declines.… pic.twitter.com/hj7PXiJi8Z
— Crypto Town Hall (@Crypto_TownHall) January 13, 2025
Whale Activity in AIXBT
Despite AIXBT’s recent drop, large-scale investors, commonly referred to as whales, have been actively increasing their holdings. Today alone, AIXBT’s TOP9 whales acquired tokens worth $1.036 million, bringing their total holdings to 10.66 million tokens (approximately $5.18 million). Their investments currently show a floating profit of $1.48 million.
AIXBT TOP9 巨鲸今日增持价值 103.6 万美金的代币，目前共持有 1066 万枚 $AIXBT （约 518 万美金），浮盈 148 万美金💰
他在过去 12 小时内（AIXBT 两次下跌过程中）以均价 $0.5058 加仓 205 万枚代币；截止目前，他的单币投入已高达 379 万美金
钱包地址 https://t.co/80dSD6jXrw https://t.co/TVAKeEbeFX pic.twitter.com/HpcssPUKgD
— Ai 姨 (@ai_9684xtpa) January 12, 2025
Strategic Accumulation Amid Price Decline
Over the past 12 hours, during AIXBT’s two price dips, one whale significantly increased their position by adding 2.05 million tokens at an average price of $0.5058. This strategic move has raised their total investment in AIXBT to $3.79 million.
Market Outlook
As the crypto market evolves, whale activity continues to influence token prices, providing opportunities and challenges for smaller investors. The ongoing accumulation by large holders of AIXBT highlights the growing interest in this token, despite short-term price fluctuations.
Investors should closely monitor market trends and whale behavior to make informed decisions in this ever-changing landscape.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.