Recent Surge In TAO Price Attributed To Smart Money And Smart Dex Traders
TAO's price has recently experienced a significant increase, largely driven by the activity of Smart Money (SM) and Smart Dex Traders (SDTs). Analyzing data over the past three months, we can see that $wTAO has become the most accumulated token by Smart Money, with an impressive total of $18.63 million. This indicates a strong buying interest, as purchase volumes far outweigh sales. Smart Dex Traders have followed a similar trend, accumulating around 90,600 $wTAO tokens, valued at approximately $21.2 million. Their buying activity consistently surpasses their selling volume, showing confidence in the token's potential. Whales Continue Adding To Their $wTAO Holdings Currently, both Smart Money and SDTs continue to increase their $wTAO holdings despite the rising price. Over the past 24 hours alone, Smart Money has bought 1,100 $wTAO, valued at $621,800, while SDTs purchased 1,080 $wTAO, totaling $609,900. https://twitter.com/iCryptoAI/status/1840645738822582750?t=VHaoKKNQhkaRpQZoNhy27Q&s=19 […]
