[Token Review] During the past several days, $CHZ has gone through some major influences that could lead to prices skyrocketing!

1. On-chain review:

  • Exchange Netflow 30 Days

In the last 30D, $CHZ's largest exchange trend was $3.96M (9.26% volume 24H) withdrawn on 30/09. Also, consecutive trends of $1.76M in total were withdrawn (24/09 - 27/09). The most significant price fluctuation was +147.93% on 22/09.

  • Top holder

With a total count of 200 wallets, the total of these top balances is currently capped at 6.54B ($390.59M).  More specifically, during the last 24h, 16.98M (-$1.01M) were deposited back, accounting for 0.26%. 

However, regarding the last fortnight, more than 29.32M (+$1.75M) were withdrawn, accounting for 0.45%

👉 From our inspection, there was:

  • 34 Whales holding a total amount of 5.86B ($349.87M) 

  • 10 Smart money wallets holding 58.95M ($3.47M)

  • An increasing amount of Fresh wallets holding 2.93B ($175.15M)

Most noticeably, all three types of wallets have decreased their balance in the last 24 hours while in the 14 Days frame, there are still marginal increases

  • Social mention 30 Days:

Being mentioned for about 134 times on many Social platforms, the Social Sentiment for $CHZ is positive with 12% of the discussions being positive for the tokens while the flip side only accounted for 2%.

2. Technical analysis:

The demand zone of $CHZ has been located in the price range between $0.056316 - $0.054717

High resistances appear in the price range from $0.060663 to $0.068032

3. Insights 🎯

About DEX Trades 7 days, Fresh Wallets minimized loss when selling after price surge. Their Buy Volume on DEXs was $0 and their Sell Volume was $617.76, increasing their profit by $1.29K compared to just holding. PnL 7D changed from -$3.73K to -$1.25K

#crypto2023 #cryptonews #CHZ