Whales Quietly Boosting Ethereum Altcoin That Exploded 114% This Week: On-Chain Data
crypto Ethereum Tahimik na Pinapalakas ng Whales ang Ethereum Altcoin na Sumabog ng 114% Ngayong Linggo: On-Chain Data 1 minuto ang nakalipas Balita ng Ethereum ng Bitcoin An Ethereum (ETH)-based privacy-centric altcoin project is getting a boost from crypto whales making massive under-the-radar transactions, on-chain data shows. According to blockchain tracking firm Lookonchain, crypto whales have been driving up the price of MASK token, helping it achieve its parabolic rallies over the past week. Mask Network is a project that allows social media users to send content, messages or cryptocurrencies to one another in a private and encrypted manner. MASK, the projects governance token, is up over 200% since 2023 kicked off. Lookonchain attributes the recent price increase to a number of deep-pocketed investors. Source: Lookonchain/Twitter Lookonchain previously reported on the whale earlier this month, noting a 27% price increase for MASK in one day following large withdrawals from crypto exchanges. At time of writing, MASK is trading at $6.42, up over 4% in the last 24 hours.