Is this going to pump? 🚀 According to my analysis, it has very strong prospects of going up in the coming days or weeks! There are some important reasons behind this that are linked to the activities of whales in the crypto market.
Reason 1: The move of a large whale and a loss of $150 million! 🐳
A large whale that holds 2.3% of the total supply of $COAI is currently at an unrealized loss of $150 million. Generally, a whale with such a large loss does not invest further unless it has some insider information about the market. But surprisingly, this whale has started to buy back again! This is a huge indication that something big is about to happen. They will try to push the price up to cover their losses and make a profit.
Reason 2: Entry of two new whales after the crash 💰
When the price of $COAI dropped from $25 to $5, two more large whales entered the market and collected 2% of the supply. Whales typically buy cheap when they are confident that the price will rise again. This clearly indicates that they expect a market recovery and an increase in the price of $COAI.
My personal analysis:
Whales only invest when they have solid information about the market. Their recent activities suggest that they are planning to drive the price of $COAI to $10-$15. As soon as the overall crypto market stabilizes, we may see a strong pump in $COAI. It would be wise to keep an eye on this!
What do you think? Do you also see $COAI getting pumped? Be sure to share your thoughts in the comments! 👇
#COAI #CryptoWhales #PumpPotential #Binance #CryptoAnalysis
