Overview

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Cronos (CRO) has been grappling with growing bearish sentiment as large holders, known as “whales,” begin offloading their assets. After an impressive 137.39% rally in A recent tweet from WhaleStats revealed that CRO made it to the list of the 10 most traded tokens among the top 100 Ethereum whales. JUST IN: $CRO @cryptocom Whales dumped exchange tokens like CRO and FTT. FTT is currently trading at $1.66 after a 4.40% drop in price. The market intelligence platform, Santiment, took According to the whale tracker, the FTT has topped the tally of most purchased tokens by the biggest 100 ETH whales. A wallet named “BlueWhale0079” added Following the FTX crash, whales and sharks holding the FTX Token [FTT] decided to dump 30.9 percent. It should be noted that this was done over the last ten days. At Cronos (CRO), the native cryptocurrency of the Cronos blockchain, is experiencing significant selling pressure, largely driven by derivative traders and waning FTX Token (FTT) has retained its bullish momentum, soaring by 11.25% to $4.73 as whale accumulation intensifies. FTT, the native token of the bankrupt FTX Exchange Santiment also shared some numbers about what whales are doing to exchange tokens like FTX Token (FTT), Huobi Token (HT), and Cronos (CRO). According to

FTX Token (FTT) and Cronos (CRO) Whales on a Dumping Spree: What\'s Happening?

Are you concerned about the recent market activity surrounding FTX Token (FTT) and Cronos (CRO)? You\'re not alone. Recent data suggests that large holders, often referred to as "whales," are engaging in a dumping spree, potentially impacting the price and stability of these tokens.

Cronos (CRO) Faces Bearish Pressure from Whale Activity

Cronos (CRO) has been grappling with growing bearish sentiment as large holders, known as “whales,” begin offloading their assets. This selling pressure is impacting CRO\'s performance. After an impressive 137.39% rally in (previous period - data from before bearish turn), concerns are rising as investors observe whale behavior. A recent tweet from WhaleStats revealed that CRO made it to the list of the 10 most traded tokens among the top 100 Ethereum whales. But more recently, Santiment also shared some numbers about what whales are doing to exchange tokens like FTX Token (FTT), Huobi Token (HT), and Cronos (CRO). The data indicates a significant shift in sentiment.

FTX Token (FTT): Whale Activity a Mixed Bag

The situation with FTX Token (FTT) is more complex. While some reports indicate dumping, others suggest accumulation. JUST IN: $CRO @cryptocom Whales dumped exchange tokens like CRO and FTT. FTT is currently trading at $1.66 after a 4.40% drop in price. However, other data points to the contrary. According to the whale tracker, the FTT has topped the tally of most purchased tokens by the biggest 100 ETH whales. A wallet named “BlueWhale0079” added (unspecified amount) and FTT, the native token of the bankrupt FTX Exchange, has, at times, retained its bullish momentum. Before the crash, FTX Token (FTT) has retained its bullish momentum, soaring by 11.25% to $4.73 as whale accumulation intensifies. After the initial FTX crash, whales and sharks holding the FTX Token [FTT] decided to dump 30.9 percent. It should be noted that this was done over the last ten days.

Derivatives and Market Sentiment

At Cronos (CRO), the native cryptocurrency of the Cronos blockchain, is experiencing significant selling pressure, largely driven by derivative traders. Understanding the role of derivatives is crucial for interpreting market movements. The market intelligence platform, Santiment, took (an analytical approach). Waning interest and potential liquidations are adding to the downward pressure on CRO.

What Does This Mean for Investors?

The whale activity surrounding CRO and FTT highlights the volatility and risks associated with cryptocurrency investments. It\'s essential to conduct thorough research, monitor market trends, and understand your own risk tolerance before making any investment decisions. Keep a close eye on whale movements and market sentiment for both Cronos (CRO) and FTX Token (FTT) to make informed choices.

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