📊 ON-CHAIN REPORT: WHALES TIGHTEN SUPPLY AND ACCUMULATE AGGRESSIVELY
The supply of $VIRTUAL is tightening as Binance has just transferred 861K tokens (worth 551K USD) from a hot wallet to a cold wallet for long-term storage, significantly reducing selling pressure. Meanwhile, Wintermute has also accumulated another 173K of these tokens from the exchange. The indicator price at 09:02 on 17/10/2026 is 0.6686 USDT.
Funds are also flowing into $NIL , with Wintermute recording a large accumulation of 2.7M tokens (approximately 238K USD). With a major market maker involved, this coin has a high potential for a trend reversal. The indicator price at 07:10 on 17/10/2026 is 0.08318 USDT.
💡 ANALYST CORNER: POTENTIAL ASSESSMENT
Binance's move to transfer coins to cold wallets and Wintermute's accumulation point to expectations of medium-term growth. A reduction in circulating supply is often a precursor to price surges. Investors should closely monitor support levels around the indicator price to identify entry points.
NOTE: This article is for informational purposes only and is not investment advice.
#Binance #CryptoNews
The supply of $VIRTUAL is tightening as Binance has just transferred 861K tokens (worth 551K USD) from a hot wallet to a cold wallet for long-term storage, significantly reducing selling pressure. Meanwhile, Wintermute has also accumulated another 173K of these tokens from the exchange. The indicator price at 09:02 on 17/10/2026 is 0.6686 USDT.
Funds are also flowing into $NIL , with Wintermute recording a large accumulation of 2.7M tokens (approximately 238K USD). With a major market maker involved, this coin has a high potential for a trend reversal. The indicator price at 07:10 on 17/10/2026 is 0.08318 USDT.
💡 ANALYST CORNER: POTENTIAL ASSESSMENT
Binance's move to transfer coins to cold wallets and Wintermute's accumulation point to expectations of medium-term growth. A reduction in circulating supply is often a precursor to price surges. Investors should closely monitor support levels around the indicator price to identify entry points.
NOTE: This article is for informational purposes only and is not investment advice.
#Binance #CryptoNews