Recent Whale Transaction Causes Huge Impact on AGIX, GPT Price

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Recent Whale Transaction Causes Huge Impact on AGIX, GPT Price
  • A whale sold about 17.8 million SingularityNET (AGIX) for 7.86 million USDT.
  • After the whale’s move, the AGIX price is down by more than 4%.
  • GPT is currently up by 6.20% and now trades at $0.08771.

The on-chain analysis platform, Lookonchain, shared a post on Twitter this morning revealing that a whale bought and sold large quantities of tokens on DEX. The platform’s data indicates that the whale sold about 17.8 million SingularityNET (AGIX) for 7.86 million USDT. This was done at an average price of $0.44. This move by the whale resulted in a price dip for AGIX.

AGIX price (Source: Lookonchain)

CoinMarketCap indicates that it has been a tough 24 hours for AGIX, as the crypto is now trading hands at $0.4241 after a 4.11% price decrease over this time period. The altcoin is also in the red by more than 15% over the last week.

AGIX’s 24-hour trading volume is in the red zone at the moment, and now stands at $101,947,203 after a more than 14% decline since yesterday. In terms of market cap, AGIX stands at $101,947,203.

In the Twitter post by Lookonchain, the platform also mentioned that the same whale later bought 20.34 million CryptoGPT (GPT) with 1.87 million USDT. This was done at an average price of $0.09. Once again, the whale’s move had an impact on his target crypto’s price, but this time it was a bit more positive.

GPT price (Source: CoinMarketCap)

GPT is currently up by 6.20% and now trades at $0.08771. The crypto was also able to strengthen against Bitcoin (BTC) and Ethereum (ETH) by about 5.08% and 6.30% respectively over the last day. FPT’s 24-hour trading volume currently stands at $20,929,929 after a more than 16% increase since yesterday.

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