Analysis: Large transfers have attracted market attention, and newly created wallets have received a large amount of LINK and FTM
According to Scopescan monitoring, two newly created wallets received large transfers from 21Shares Chainlink ETP and 21Shares Fantom ETP respectively. One wallet received 987,000 LINK, equivalent to approximately $12.2 million; the other wallet received 16.7 million FTM, equivalent to approximately $6.5 million.
Analysis and Impact
- These two large transfers show the market's strong interest in Chainlink (LINK) and Fantom (FTM), indicating that the appeal of these two projects is increasing.
- The inflow of funds from 21Shares ETP shows the recognition and confidence of institutional investors in these two projects, which may drive market sentiment to a positive level.
- The large amount of new wallets received may mean that some large or institutional investors are actively deploying the Chainlink and Fantom networks, which may have a positive impact on the future trend of LINK and FTM.
- This flow of funds may trigger a market bandwagon effect, further driving up the prices of LINK and FTM.
It is recommended that LINK and FTM holders continue to pay attention to market dynamics and not sell easily to obtain higher returns.
Consider entering the market in batches when the market pulls back to avoid one-time investment and diversify risks.
Continue to pay attention to the capital movements of the above two newly created wallets and use them as a reference to formulate your own investment strategy.
Lao Lin's homepage will continue to provide you with the latest market analysis and trading strategies. The next wave of opportunities is ready, and I look forward to discussing and communicating with you brothers and sharing more successful experiences and trading skills.
