Ethereum

Based

USDC

Pandora

Percent

Ethereum (ETH)-based ERC-404 tokens, which are a new trend among investors, have experienced a significant correction in recent days.
At this point, Pandora (PANDORA), the most well-known of the ERC-404 tokens and the focus of whales, has experienced a withdrawal of more than 30% in the last 3-4 days.
Related News: <a href="https://en.bitcoinsistemi.com/sharp-fall-in-ethereum-eth-based-altcoins-is-the-new-trend-over/" target="_blank" rel="noopener noreferrer nofollow">Sharp Fall in Ethereum (ETH) Based Altcoins! Is the New Trend Over?</a>
Taking this retreat as an opportunity, the whales went into accumulation mode again.
According to Lookonchain's post, whales have purchased a large amount of PANDORA in the last two days.
With these purchases, whales became the second and fourth largest owners of PANDORA, and the price of PANDORA began to recover.
<blockquote>
 “Whales have been buying PANDORA in the last 2 days!
 0xcdba spent 3.09 million USDC to purchase 136.08 PANDORA at $22,707 and became the 2nd owner of PANDORA.
 0x6fCa spent 1.87 million USDC and purchased 109.5 PANDORA for $17,087 and became the 4th owner of PANDORA.”
</blockquote>
PANDORA, which went up to $32,000, dropped to $12,000 with the recent withdrawal. However, the price of PANDORA, which started to recover afterwards, continues to be traded at $ 21,822 at the time of writing.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Whales have been buying <a href="https://twitter.com/hashtag/PANDORA?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PANDORA</a> in the past 2 days!
 0xcdba spent 3.09M <a href="https://twitter.com/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$USDC</a> to buy 136.08 <a href="https://twitter.com/hashtag/PANDORA?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PANDORA</a> at $22,707, becoming the 2nd holder of <a href="https://twitter.com/hashtag/PANDORA?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PANDORA</a>.
 0x6fCa spent 1.87M <a href="https://twitter.com/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$USDC</a> to buy 109.5 <a href="https://twitter.com/hashtag/PANDORA?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PANDORA</a> at $17,087, becoming the 4th holder of <a href="https://twitter.com/hashtag/PANDORA?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PANDORA</a>. <a href="https://t.co/fe6UV5m5jd" rel="noopener noreferrer nofollow">pic.twitter.com/fe6UV5m5jd</a>
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1757649773824487450?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 14, 2024</a>
</blockquote>
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*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/whales-again-purchased-large-amounts-of-this-ethereum-based-altcoin-which-increased-by-400-percent-in-two-weeks/" rel="noopener noreferrer nofollow">Whales Again Purchased Large Amounts of This Ethereum-Based Altcoin, Which Increased by 400 Percent in Two Weeks!</a>

Whales Again Purchased Large Amounts of This Ethereum-Based Altcoin, Which Increased by 400 Percent in Two Weeks!

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