Among the 11 addresses suspected of being METIS market makers/market makers, 6 addresses have deposited 174,000 METIS to the exchange.
According to Chain Analysis analyst @ai_9684xtpa, in the past six days, six out of 11 addresses suspected to be controlled by METIS whales/market makers have deposited 174,011 METIS tokens worth $14.33 million, with an average deposit price of $82, into exchanges. This is the first time in 11 months that they have made such a move, and it is suspected to be a sell-off. Currently, the remaining five addresses hold a total of 134,000 tokens worth $9.79 million. The METIS token price has dropped 22% from its highest point and is currently at $72.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Trading Club Championship (Phase 21)—Up to 1250 BGB per user, plus a ZETA pool and Mystery Boxes
Bitget Spot Margin Announcement on Suspension of MDT/USDT, RAD/USDT, FIS/USDT, CHESS/USDT, RDNT/USDT Margin Trading Services
STABLEUSDT now launched for futures trading and trading bots
Martingale bot upgraded–simpler setup, more flexible features
