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Crypto whale sold KAITO tokens at the wrong time, missing out on 284% growth

Crypto whale sold KAITO tokens at the wrong time, missing out on 284% growth

HappyCoinNewsHappyCoinNews2025/03/01 06:55
By:HappyCoinNews

A crypto market observer has spotted an unusual transaction involving crypto kitty Ansem and newly issued KAITO AI tokens.

What's surprising about it is that the whale quickly sold KAITO for $206,500, thus missing out on the big price spike a few days later.

According to an observer, KAITO has surged 284% after crypto whale Ansem sold his 215 KAITO tokens for $113.

As sometimes happens, KAITO's recovery followed a massive sell-off. After the listings, KAITO bounced back and outperformed the entire cryptocurrency market, which was under bearish pressure.

Recently launched token bounced off last Friday's low of $1,2656 and began a six-day streak of daily gains. In total, it has gained 130% since its low, hitting an all-time high of $2,9186 on Thursday of this week.

At the moment, KAITO's bullish momentum is maintained despite a small pullback that saw the crypto token drop to $2,7140.

Against this backdrop, KAITO's market capitalization rose to $700 million, but then fell back to $655 million. The crypto asset's intraday volume grew by 189%, exceeding $2 billion (data from crypto data aggregator CoinmarketCap).

EN @happycoinnews
EN @happycoinnews_en
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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