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<p><strong>The crypto token Rollbit (RLB) broke out to new record highs today as heavy purchases by prominent whale investors sparked a fresh rally.</strong></p>
<p>As of writing, RLB is trading hands at $0.22 according to coinmarketcap.com – up over 15% from its price yesterday and marking a new all-time high watermark for the cryptocurrency.</p>
<p>The surge appears to have been fueled in large part by significant accumulation from four separate crypto whales over the past two days. Data from whale-watching service LookOnChain <a href="https://x.com/lookonchain/status/1719592443715391818?s=20" target="_blank" rel="noopener noreferrer nofollow">shows</a> that together, these entities spent over $4.14 million to stock up on a combined 20.3 million RLB tokens.</p>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="832" src="https://captainaltcoin.com/wp-content/uploads/2023/11/image-1024x832.png" alt="" class="wp-image-367735" srcset="https://captainaltcoin.com/wp-content/uploads/2023/11/image-1024x832.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-300x244.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-768x624.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-1536x1248.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-2048x1664.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-185x150.png 185w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-100x81.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-431x350.png 431w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-788x640.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/11/image.png 1558w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>The largest buy came from the wallet address 9x9x9x9, which dropped $2.22 million to purchase 11.28 million RLB at an average price of $0.197.</p>
<p>In another major RLB trade, a “SmartMoney” entity sold 5 million RLB for 614 ETH (worth around $1.1 million) at $0.22 per token. Interestingly, this same investor added 4 million RLB back into liquidity on decentralized exchange Uniswap, likely hoping to profit from subsequent trading fees as volume increases.</p>
<p>LookOnChain’s analysis found this particular “SmartMoney” account had been gradually purchasing RLB since early July, accumulating 23 million tokens total at an average cost of just $0.068. With RLB’s current price near $0.22, this investor has reportedly banked a greater than $3.5 million profit in under four months.</p>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="507" src="https://captainaltcoin.com/wp-content/uploads/2023/11/image-1-1024x507.png" alt="" class="wp-image-367743" srcset="https://captainaltcoin.com/wp-content/uploads/2023/11/image-1-1024x507.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-1-300x149.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-1-767x380.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-1-1536x761.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-1-2048x1015.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-1-303x150.png 303w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-1-100x50.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-1-707x350.png 707w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-1-788x390.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>The heavy leverage buying appears to have created a spike in demand that’s driven RLB to new all-time highs. With several prominent crypto players now firmly bullish on the project, its price may continue climbing if their collective concentration keeps rising.</p>
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<p>The post <a href="https://captainaltcoin.com/rollbit-coin-hits-new-all-time-high-as-whale-buying-drives-up-rlb-price/" rel="noopener noreferrer nofollow">Rollbit Coin Hits New All-Time High as Whale Buying Drives Up RLB Price</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Rollbit Coin Hits New All-Time High as Whale Buying Drives Up RLB Price

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