Convex Finance

Chainlink

Storj

<p>NerdBot, an on-chain analytics account, recently <a href="https://twitter.com/0xNerdBot/status/1710906856724746723?t=OBy8ov0e6qheJOZJSy_FYw&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">highlighted</a> some intriguing cryptocurrency withdrawals and accumulations over the past day. These major activities revolve around cryptos such as Storj, Chainlink, and Convex Finance. Let’s delve into these in greater detail</p>
<h2 class="wp-block-heading" id="storj-storj">Storj (STORJ)</h2>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="https://captainaltcoin.com/wp-content/uploads/2023/10/image-196-1024x576.png" alt="" class="wp-image-351440" srcset="https://captainaltcoin.com/wp-content/uploads/2023/10/image-196-1024x576.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-196-300x169.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-196-767x431.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-196-1536x864.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-196-2048x1151.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-196-267x150.png 267w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-196-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-196-623x350.png 623w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-196-788x443.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-196.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Over 17 million STORJ tokens worth $7.6 million were withdrawn from centralized exchanges in the last 24 hours. This accounted for 78% of STORJ’s trading volume, indicating strong accumulation.</p>
<p>Two major withdrawals stood out:</p>
<ul>
 <li>Whale wallet 0xdf7 withdrew 6.01 million STORJ ($2.72 million)</li>
 <li>Whale wallet 0xceb withdrew 5.89 million STORJ ($2.66 million)</li>
</ul>
<p>Upbit remains the largest STORJ holder with 77.5 million tokens, equal to 18.24% of the circulating supply.</p>
<h2 class="wp-block-heading" id="chainlink-link">Chainlink (LINK)</h2>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="https://captainaltcoin.com/wp-content/uploads/2023/10/image-197-1024x576.png" alt="" class="wp-image-351448" srcset="https://captainaltcoin.com/wp-content/uploads/2023/10/image-197-1024x576.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-197-300x169.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-197-768x432.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-197-1536x864.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-197-2048x1152.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-197-267x150.png 267w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-197-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-197-622x350.png 622w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-197-788x443.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-197.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Fresh wallets have been steadily accumulating LINK over the past 14 days. One wallet (0x19a) bought 112,600 LINK worth $855,000 at an average price of $7.50.</p>
<p>Meanwhile, two top LINK holders bought back significant amounts in the past few hours:</p>
<ul>
 <li>Whale 0x362 used 1,136 ETH and 19.9K USDT to buy 244,000 LINK ($1.85 million)</li>
 <li>Whale 0x8b9 used 999 ETH and 77.8K USDT to buy 213,500 LINK ($1.61 million)</li>
</ul>
<p>Both are top 50 LINK holders overall.</p>
<h2 class="wp-block-heading" id="convex-finance-cvx">Convex Finance (CVX)</h2>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="https://captainaltcoin.com/wp-content/uploads/2023/10/image-198-1024x576.png" alt="" class="wp-image-351457" srcset="https://captainaltcoin.com/wp-content/uploads/2023/10/image-198-1024x576.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-198-300x169.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-198-767x431.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-198-1536x864.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-198-2048x1151.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-198-267x150.png 267w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-198-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-198-623x350.png 623w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-198-788x443.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-198.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>So-called “smart money” wallets have been buying back CVX, with 491,000 CVX ($1.4 million) flowing into large holders’ wallets in the past 24 hours.</p>
<p>One notable withdrawal was Jump Trading removing 490,000 CVX ($1.36 million) from Binance. This CVX was originally accumulated four months ago at an average price of $3.50.</p>
<p>Overall, these on-chain insights from NerdBot highlight a significant accumulation of STORJ, LINK, and CVX by prominent crypto whales and institutions. The movements could foreshadow upcoming price appreciation for the tokens.</p>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/whales-bet-big-on-storj-storj-chainlink-link-and-convex-finance-cvx-massive-7m-accumulation-hints-at-impending-price-boom/">Whales Bet Big on Storj (STORJ), Chainlink (LINK), and Convex Finance (CVX): Massive $7M+ Accumulation Hints at Impending Price Boom</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Whales Bet Big on Storj (STORJ), Chainlink (LINK), and Convex Finance (CVX): Massive $7M+ Accumulation Hints at Impending Price Boom

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