ANALOS Gains Traction Amidst Crypto Market Frenzy
The crypto market experiences a significant stir as ANALOS, a token backed by Solana, grabs attention with a reported trader accumulating substantial profits during a notable ANALOS sell-off.
Trader’s Profits and Speculations
On-chain data reveals that a trader achieved noteworthy profits over a five-day period, sparking speculation and excitement within the crypto community. This data surfaced concurrently with a surge in Solana’s price, adding to the intrigue surrounding the SOL-backed token.
A Closer Look at the Report
Lookonchain, a platform simplifying blockchain metrics, shared on-chain data indicating that the trader, identified by the wallet address DmBpEfT….zRjm4, converted $900 into $3.47 million by trading ANALOS on the Solana network.
The trader’s significant profits over the five-day period have captured the interest of crypto enthusiasts. The on-chain data by Lookonchain also suggests that the trader still holds a substantial amount of ANALOS.
- The trader spent 12 SOL to buy 2.6 billion ANALOS five days ago.
- Sold 1.45 billion ANALOS for 1.43 million USDC simultaneously.
- Currently, the trader still holds 1.12 billion ANALOS coins.
This sell-off saga has coincided with a remarkable surge in the ANALOS price, bringing optimism for the SOL-backed token.
ANALOS Price Surges
As of the latest update, the ANALOS price has experienced a remarkable surge of 148.05% over the past 24 hours, currently trading at $0.00203. This surge is accompanied by a weekly increase of 286.02% and a monthly upswing of 286.02%.
Interestingly, this price surge in ANALOS aligns with the rise in Solana’s price, which has increased by 2.50% in the past 24 hours, reaching $111.31. Solana’s price jump is further supported by a weekly surge of 64.51%.
On-chain data highlighted by Lookonchain aligns with the market charts of these tokens, fostering optimism for their future.
Ecosystem
Research
News Network
About