Satoshi

Future

Spot

Tellor

Coin

<p>Onchain analytics firm Spot On Chain <a href="https://x.com/spotonchain/status/1789495470408049014" target="_blank" rel="noopener noreferrer nofollow">highlighted</a> activity in the Tellor (TRB) market, where eight whales cashed in approximately $3.56 million in profits. This occurred after $TRB’s price soared by over 100% in just one week. Initially, these whales acquired 82,849 $TRB on Coinbase at a cost near $80.20 each between early March and May.&nbsp;</p>
<p>Moreover, they then sold the assets after holding for around two months at approximately $123 per coin, yielding a profit of 53.6%. This strategic play by whales underscores their influence on market dynamics and suggests potential upcoming transactions as more may look to reap similar gains.</p>
<h2 class="wp-block-heading" id="traderaag-analyzes-trb-s-bullish-trend">TraderAAG Analyzes $TRB’s Bullish Trend</h2>
<p>On another front, respected crypto analyst TraderAAG <a href="https://x.com/TraderAAG/status/1789712902309495245" target="_blank" rel="noopener noreferrer nofollow">provided</a> an insightful chart analysis on the $TRB/USDT trading pair. The analysis points out that despite $TRB nearing a sell-side liquidity level on the daily timeframe, the market sentiment remains bullish.&nbsp;</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="562" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-362-1024x562.png" alt="" class="wp-image-490225" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-362-1024x562.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-362-300x165.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-362-767x421.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-362-1536x843.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-362-2048x1124.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-362-273x150.png 273w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-362-100x55.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-362-638x350.png 638w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-362-788x432.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-362.png 1239w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>TraderAAG explicitly advises traders to hold off on shorting the asset until it absorbs the available liquidity. Significantly, the support level stands firm at last week’s high of $97, indicating a solid foundation for $TRB’s current market strength.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="technical-insights-and-future-prospects">Technical Insights and Future Prospects</h2>
<p>Further dissecting TraderAAG’s analysis, several critical price levels and market behaviors were outlined. The recent trading peak for $TRB reached $141.32, with the previous day’s low marking at $125.08. Such volatility suggests that $TRB/USDT is a highly volatile trading pair, attracting both speculative interest and high-risk traders.&nbsp;</p>
<p>Additionally, if the market continues to favor the bulls and maintains support above critical levels like the previous day’s high and low, we could witness further upward trajectories. However, the noted sell-side liquidity peak could signal a potential price reversal or consolidation phase, necessitating cautious trading strategies.</p>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/can-ripples-xrp-price-surge-to-new-all-time-high-experts-outline-these-key-drivers-of-potential-gains/" target="_blank" rel="noopener noreferrer nofollow"><em><strong>Can Ripple’s XRP Price Surge to New All-Time High? Experts Outline These Key Drivers of Potential Gains</strong></em></a></p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/whales-cash-in-on-tellor-trb-surge-amid-bullish-market-trends/" rel="noopener noreferrer nofollow">Whales Cash In on Tellor (TRB) Price Surge Amid Bullish Market Trends</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Whales Cash In on Tellor (TRB) Price Surge Amid Bullish Market Trends

Table of Contents

CaptainAltcoin

Other articles published on May 12, 2024

Saakuru Labs Secures $2.4 Million in Funding to Fuel the Adoption of the Saakuru Protocol

Ethereum Price Analysis: Will ETF Uncertainty Push $ETH Below $2700?

Cardano Founder Stresses Importance of Crypto in Presidential Election

Franklin Templeton CEO: All Investment Funds Going Blockchain

Another Bitcoin Earthquake in Hong Kong: This Time They Are Working on “Bitcoin Collateralized Mo...

These Altcoins Have The Potential To Make You a Crypto Millionaire in 2024

Join our free newsletter for daily crypto updates!