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MOCA Transfers Indicate Potential Market Making Activity | Flash News Detail | Blockchain.News
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12/25/2024 6:54:44 AM

MOCA Transfers Indicate Potential Market Making Activity

MOCA Transfers Indicate Potential Market Making Activity

According to Lookonchain, the Mocaverse's Operational Expenses and Liquidity wallets have transferred 24.5 million MOCA tokens, valued at $10 million, to exchanges including Gate.io, KuCoin, Bybit, and Bitget over the past two hours. This movement is likely intended for market-making activities. Following these transfers, the price of MOCA has surged by 42% today, indicating a possible increase in trading activity and interest in the token.

Source

Lookonchain

@lookonchain

Looking for smartmoney onchain