{"id":142927,"date":"2024-11-22T13:30:47","date_gmt":"2024-11-22T11:30:47","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142927"},"modified":"2024-11-22T12:46:55","modified_gmt":"2024-11-22T10:46:55","slug":"neiro-faces-uncertainty-as-major-holder-dumps-3-million-worth-of-tokens","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/neiro-faces-uncertainty-as-major-holder-dumps-3-million-worth-of-tokens\/","title":{"rendered":"Neiro Faces Uncertainty as Major Holder Dumps $3 Million Worth of Tokens"},"content":{"rendered":"<p>Wintermute, a key market maker, recently offloaded $3 million worth of <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/first-neiro-on-ethereum\/\">NEIRO<\/a><\/strong>, sending ripples of uncertainty through the market and raising questions about the token\u2019s future.<\/p>\n<p>Recent <strong><a href=\"https:\/\/intel.arkm.com\/explorer\/entity\/wintermute\" rel=\"nofollow\">data<\/a> <\/strong>from Arkham Intelligence reveals that Wintermute transferred 35 million Neiro Ethereum tokens, valued at approximately $3.08 million, to the Bybit exchange over the past few days.<\/p>\n<p>This sale follows a large withdrawal of 121.5 million tokens from the exchange, which solidified Wintermute\u2019s position as the second-largest holder, controlling nearly 11% of the total supply.<\/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-142897\" href=\"https:\/\/cryptodnes.bg\/en\/solana-etf-approval-could-be-within-reach-as-sec-talks-gain-momentum\/\" title=\"Solana ETF Approval Could Be Within Reach as SEC Talks Gain Momentum\">\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\/2022\/07\/solana-1-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Solana ETF Approval Could Be Within Reach as SEC Talks Gain Momentum<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Although Wintermute remains a dominant player in the Neiro Ethereum market, the selloff has left many worried about the potential for further large-scale sales.<\/p>\n<p>These moves have added to investor unease, especially as Neiro Ethereum\u2019s price has struggled to keep pace with other meme coins, which have been experiencing notable gains. Despite the overall bullish sentiment surrounding meme tokens, the recent selloff of Neiro Ethereum has amplified fears of a price decline if more tokens are sold in the future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a surprising turn, the second-largest holder of First Neiro on Ethereum has sparked concerns among investors by dumping a significant portion of their holdings during a bullish phase in the crypto market.<\/p>\n","protected":false},"author":7,"featured_media":142928,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[271,289,108],"coin_category":[],"class_list":["post-142927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-ethereum","tag-meme-coins","tag-price"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 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