Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Whales Have Been Dumping Exchange Tokens Like CRO and FTT

Published 11/24/2022, 12:20 PM
Updated 11/24/2022, 12:30 PM
Whales Have Been Dumping Exchange Tokens Like CRO and FTT

  • Exchange tokens saw the biggest drops over the last seven days.
  • Whales dumped exchange tokens like CRO and FTT.
  • FTT is currently trading at $1.66 after a 4.40% drop in price.

The market intelligence platform, Santiment, took to Twitter on November 17 to share some numbers about what is happening with certain cryptocurrencies in the market at the moment. According to the post, it comes as no surprise that exchange tokens saw the biggest drops over the last seven days.

FTT, CRO, HT key stakeholders supply held (Source: CoinMarketCap)

Santiment also shared some numbers about what whales are doing to exchange tokens like FTX Token (FTT), Huobi Token (HT), and Cronos (CRO). According to their data, whales dumped 30.9% of FTT and 0.4% or CRO while they added 17.7% of HT.

FTX Token / TetherUS 1D (Source: CoinMarketCap)

FTT is currently trading at $1.66 after a 4.40% drop in price over the last day, according to CoinMarketCap. The crypto is also still in the red by more than 40% over the last seven days.

Also in the red is FTT’s 24-hour trading volume which is currently standing at $40,444,747 after a more than 70% drop.

Crypto.com Coin / TetherUS 1D (Source: CoinMarketCap)

CRO is another exchange crypto in the red today. At the moment, CRO is trading at $0.07018 after a 3.65% drop in price over the last 24 hours. In addition to this, the crypto is also still in the red by more than 20% over the last seven days.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The crypto also weakened against Bitcoin (BTC) and Ethereum (ETH) by about 2.11% and 0.06% respectively.

Huobi Token / TetherUS 1D (Source: CoinMarketCap)

Data from CoinMarketCap indicates that HT is also down by more than 6% today, and is also in the red by more than 26% over the last week. The crypto’s 24-hour trading volume is currently in the red by 8% to now stand at $10,561,083.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

The post Whales Have Been Dumping Exchange Tokens Like CRO and FTT appeared first on Coin Edition.

See original on CoinEdition

Latest comments

Take a look at a regulated exchange in Europe called LCX. They are secure.
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.