{"id":139144,"date":"2024-10-09T10:30:24","date_gmt":"2024-10-09T07:30:24","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=139144"},"modified":"2024-10-08T17:31:23","modified_gmt":"2024-10-08T14:31:23","slug":"whale-reaps-profits-from-strategic-shift-to-this-altcoin-after-major-loss","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/whale-reaps-profits-from-strategic-shift-to-this-altcoin-after-major-loss\/","title":{"rendered":"Whale Reaps Profits from Strategic Shift to This Altcoin After Major Loss"},"content":{"rendered":"<p>Over the past month, the First Neiro token on Ethereum (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/first-neiro-on-ethereum\/\">NEIRO<\/a><\/strong>) has skyrocketed by an astonishing 2,779%, prompting a notable crypto whale\u2014previously successful with Shiba Inu (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/shiba-inu\/\">SHIB<\/a><\/strong>)\u2014to pivot their investments.<\/p>\n<p>Initially, this whale invested heavily in Neiro Ethereum (NEIROETH) but faced substantial losses, leading them to divest and reallocate funds into NEIRO, which has been outperforming its counterpart. This strategic shift underscores changing market dynamics and highlights the whale\u2019s adaptability in a volatile landscape.<\/p>\n<p>After <strong><a href=\"https:\/\/platform.spotonchain.ai\/en\/entity\/2160\" rel=\"nofollow\">holding<\/a><\/strong> 17.5 million NEIROETH, the whale realized a 55% loss amounting to $1.49 million. In response, they purchased 841.6 million NEIRO for $1.45 million, increasing their total holdings to 3.85 billion tokens valued at $6.51 million. This maneuver has positioned them to potentially realize $2.67 million in unrealized gains, reflecting a notable 67% increase.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-139093\" href=\"https:\/\/cryptodnes.bg\/en\/centralized-exchanges-undertake-massive-delisting-of-privacy-tokens\/\" title=\"Centralized Exchanges Undertake Massive Delisting of Privacy Tokens\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/10\/privacy-security-tokens-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Centralized Exchanges Undertake Massive Delisting of Privacy Tokens<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>NEIRO\u2019s rise can be attributed to its recent Binance listing, which has boosted its profile compared to NEIROETH, whose value has dwindled. With trading volume surpassing $1 billion for the first time, investor interest is clearly growing. NEIRO\u2019s price of $0.0017 represents a 16.67% increase within the last day, suggesting potential for further upward movement if volume trends continue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a significant move within the crypto space, a prominent whale has made headlines due to recent trading decisions. <\/p>\n","protected":false},"author":9,"featured_media":34668,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[426,424,271,108,374],"coin_category":[],"class_list":["post-139144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-binance","tag-crypto","tag-ethereum","tag-price","tag-shiba-inu"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Whale Reaps 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