Interesting data popped up from on-chain monitoring. The whale address "0x2D2D" has been snapping up a large amount of ASTEROID over the past 7 hours, putting in 200 ETH in total. And in Japanese yen terms, that comes to more than $460,000. If you convert it assuming roughly $3,500 per token, that works out to 1.72 billion ASTEROID.



Based on what I can see of this whale’s current position, they apparently hold a total of 8.38 billion ASTEROID. In terms of market capitalization, that’s equivalent to about $2.27 million. The fact that they’re concentrating their buys like this makes me wonder if they’re waiting for some kind of catalyst—or maybe they’re simply betting on the project’s future potential. Either way, I think these kinds of big-wallet moves are definitely worth watching closely for market participants.
ETH-0.29%
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