Wild Swings As Binance Listing Propels $NEIRO To Surge 1000% While $NEIROETH Drops 42%
Binances recent listing of $NEIRO has triggered a whirlwind in the crypto markets.
While $NEIROETH plummeted by 42%, $NEIRO saw an astonishing 1000% price surge overnight, generating massive returns for smart traders who seized the opportunity.
Binances listing decision has triggered a wild ride: #NEIROETH plummets 42% while $NEIRO skyrockets ~1000% overnight!
Let's check out some on-chain highlights in pic.twitter.com/R8jxgJcp7F
Spot On Chain (@spotonchain) September 17, 2024
Several notable traders have made significant profits from the rise of $NEIRO. One early buyer, wallet 0x6ac, turned an initial investment into a $1.77 million profit (a 45x return), holding 4.6 billion $NEIRO valued at $1.75 million. Another trader, identified as 0xc05, utilized the BananaGun bot to snipe 140 $ETH worth of $NEIRO right after Binances listing announcement, making a quick $619K in under 20 hours.
Similarly, 0x090 made a 603% profit, pocketing $302K in just four days after selling 1.057 billion $NEIRO when the price skyrocketed.
More Traders Acquire More $NEIROETH Despite Price Volatility
Despite the drop in $NEIROETH, Wintermute Trading has continued to increase its holdings. The firm added 19.11 million $NEIROETH in the last 24 hours, bringing its total to 55.36 million $NEIROETH, now valued at $4.11 million.
Other traders have been strategically capitalizing on $NEIROs wild price movements. Wallet 0xe1d9 took profits, then repurchased 942.93 million $NEIRO (worth $43.7K) on September 9-10, depositing all of it on Binance for an estimated total of $342.2K. Wallet 0x0662 sold and deposited all of their $NEIRO to Binance, realizing an estimated profit of $355K within just 20 hours.
$NEIRO went up over 1000%, Smart Wallets made big profits again
Recent activity from notable wallets we have mention before:
Wallet 0xe1d9: After taking profits from $NEIRO, he bought back 942.93M $NEIRO ($43.7K) on September 9-10 and deposited it all on Binance, with an https://t.co/mUGFdENB2o
iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) September 17, 2024
Meanwhile, @BitCloutCat has accumulated 2.2 billion $NEIRO over the past month without selling, leaving an unrealized profit of $797.7K. The rapid rise of $NEIRO is continuing to attract attention as traders look to capitalize on its momentum.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.
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Text source: NullTX
