CHZ whale began selling his holdings five days ago CHZ’s value dropped further as more sellers flocked to the market Thanks to a huge coin distribution by its largest externally operated address (EOA) in the past few days, Chiliz’s [CHZ] value dropped by 10% in the last seven days, data from CoinMarketCap showed. Read Chiliz’s [CHZ] […]
On 8 December, the whale initiated another transfer transaction of 20 million CHZ to these same nine externally operated addresses before depositing them to Binance and OKX.
Observed on a daily chart, selling momentum rallied as more CHZ holders dumped the coin in the past few days. In fact, while other tokens saw growing accumulation as the market attempted to recover following FTX’s unexpected demise, CHZ failed to see similar growth. The rapid fall in CHZ accumulation following FTX’s fall culminated in the commencement of a new bear cycle on 20 November. The Moving Average Convergence Divergence line intersected the trend line in a downtrend and has since posted red histogram bars.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cornwall, Ont. welcomes international hockey players as puck drops on World Junior A ChallengeAn international hockey tournament kicks off in eastern Ontario this weekend, as young players from across the country and around the world get ready to showcase their talent. ottnews
Read more »
Fenty Perfume Drops in Canada, Rare Beauty Highlighters + More NewsThe coveted Fenty perfume by Rihanna is now available in Canada, plus Rare Beauty drops a collection of holiday glam-worthy highlighters.
Read more »
Price of gas in Nova Scotia drops 8.7 cents a litre | SaltWireNova Scotia gas prices took a hefty drop at the pumps overnight. The minimum price for a litre of regular self-serve gas plunged by 8.7 cents, meaning it ...
Read more »
Newfoundland and parts of Labrador seeing unexpected drops in gas prices Dec. 9 | SaltWireST. JOHN'S, N.L. — Prices at the pump saw a drop in price after an unexpected change in Newfoundland and parts of Labrador overnight Friday, Dec. 9. The ...
Read more »