Tellor

<ul><li>A group of 20 whales holds about 660K TRB, influencing major price movements and market dynamics.</li><li>Strategic accumulation and pump-and-dump cycles by whales have led to a 750% gain in TRB, marking substantial volatility.</li><li>Despite the market cap nearing $574.15 million, TRB&#39;s price and stability are heavily dictated by whale activities and potential manipulation.</li></ul>The cryptocurrency community is closely monitoring the recent developments surrounding Tellor&#39;s native token, TRB, following a tweet by Spot On Chain, an on-chain cryptocurrency analytics platform. The tweet shed light on the token&#39;s dramatic surge to an all-time high of $225 and the subsequent market dynamics influenced by a group of whales.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/32aa946a7e3c40c9ac14067884d488a2.png" />According to Spot On Chain, approximately 2.5 million TRB are in circulation, with a significant portion, about 1.7 million, present on exchanges. Notably, 660K of these tokens are held by just 20 whales, accounting for around 95% of the total circulation.These whales have been actively involved in the market since August and September, accumulating TRB at the favorable price of $15. This strategic accumulation has led to a substantial increase in the token&#39;s value, with the price of TRB soaring 15 times since its initial purchase, culminating in a total profit of $120 million for these whales.Read full article a<a href="https://cryptotale.org/major-holders-steer-trbs-market-trajectory-as-whale-dominance-becomes-evident/" rel="noopener noreferrer nofollow">t CryptoTale.</a>

Major Holders Steer TRB's Market Trajectory as Whale Dominance Becomes Evident

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