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EOS (EOS) Supported by $1 Million Order on Binance

Published 08/27/2018, 11:22 AM
Updated 08/27/2018, 12:41 PM
 EOS (EOS) Supported by $1 Million Order on Binance

EOS (EOS) Supported by $1 Million Order on Binance

The EOS (EOS) market price received substantial support that sent it above the $5 mark, after a $1 million order was noticed on Binance earlier this Monday:

https://twitter.com/Ashe_Oro/status/1033961071793647616

Some believe the current bear market is quite near its bottom, and any sign of buying is seen also as a sign of recovery. However, EOS has been sliding in the longer term, and is hovering near the $5 level.

EOS jumped from $4.94 to $5.20 within 20 minutes at around 3:00 UTC, and has achieved a net gain of about 5% in the past 24 hours. EOS still trades around $5.20, which is a level that was once seen as relatively low, but is now greeted as a sign of recovery. EOS trading volumes hover around $451 million in 24 hours, with a large share of trading happening on BitMart. More than 45% of EOS volumes are achieved against Tethe...


This article appeared first on Cryptovest

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